The exact opposite actually. It's a good for-profit enterprise that fails when it's narrative twists it into a public good.
The problem isn't that university doesn't work. The problem is that the federal government has propped it up with so much poorly underwritten debt that the prices have ballooned beyond value delivered.
That would be fine if the audience taking the debt was rational. But the discourse around university is itself irrational. And the people taking the loans have underdeveloped brains that are bad at long term thinking.
The problem isn't that university doesn't work. The problem is that the federal government has propped it up with so much poorly underwritten debt that the prices have ballooned beyond value delivered.
That would be fine if the audience taking the debt was rational. But the discourse around university is itself irrational. And the people taking the loans have underdeveloped brains that are bad at long term thinking.