Re:U of Chicago projected to be the first U.S. university to...
by t0mas88 on Monday November 04, 2019 @05:04PM
(#21447038)
But that's a very short term solution. Because with low cost labor globalizing and moving out of the EU and US, you will either need more highly educated knowledge workers to be competitive or accept a bigger group in society get very low wages or unemployment.
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Re:U of Chicago projected to be the first U.S. university to...
by merpnderp on Monday November 04, 2019 @05:10PM
(#21447092)
If the workers were getting educations that were worthwhile, they wouldn't need the state to pay for them. No one cries for a doctor leaving school with $150k in loans, since their starting salary will likely be $150k.
But yeah, the grandparent is right - the US's problem is non-dischargable loans which removed back pressure on schools to control cost.
Re:U of Chicago projected to be the first U.S. university to...
by icebraining on Monday November 04, 2019 @06:18PM
(#21447776)
> worthwhile
Well, worthwhile for whom? Just because the student won't capture an extra $150k from his university education, doesn't mean he won't produce that or more to the rest of society.
Re:U of Chicago projected to be the first U.S. university to...
by rayiner on Monday November 04, 2019 @06:10PM
(#21447700)
The U.S. has competitive rates of college attainment compared to European countries, especially among older workers: https://www.oecd.org/education/France-EAG2014-Country-Note.p... (see page 2).