I received a scholarship for both my BA and MA, so this is a bit of tough pill for me to swallow, but after reading this article, it makes sense to me. It seems this is another case of good intentions leading to disaterous results.
I’ve also been hearing that the “college debt bubble” is going to bust soon, which could lead to another recession. Anybody have any thoughts on this?
That article by Gary North made a good point. It can’t be a bubble because it looks like we will continue to throw dollars at it.
Not really, that is the intention. Keeping education scarce and a privilege of the rich. We wouldn’t want those dirty poor kids to outperform the children of the elite by getting cheap education, would we?
Yes. Separation of school and state. Let everyone finance their education by selling shares of their future income.
I had a thread (albeit not very well accepted) on this a while ago. I still think it’s a very good idea.
Literally just found these: