Re:The college debt crisis is worse than it seems
by rayiner on Monday May 23, 2016 @03:43PM
(#11756332)
Because the government subsidizes that training. If it didn't, there would be far fewer trained employees for employers to choose from, wages would go up, and employers would have to shoulder more of the burden of training.
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Re:The college debt crisis is worse than it seems
by SamReidHughes on Monday May 23, 2016 @04:10PM
(#11756532)
I guess that's the sense in which it was meant, and I missed that. On the other hand, that money isn't all pocketed by the employer -- it gets passed on through prices and quality to the employer's customers, and so on. The freeloading is enjoyed by the rest of the economy. (In fact, that freeloading effect is the justification most people give for publicly funding education.)