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A comment on Even during a crisis, colleges abuse their economic and reputational privileges. Parent comment

Re:Even during a crisis, colleges abuse their economic and r... by simfoo on Sunday April 12, 2020 @07:02AM (#22847370)
My guess: It is politically wanted to have graduates that will take any job because they are deep into debt with no chance of getting rid of it through bankruptcy. This pressure keeps wages down and "motivation" up.
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Re:Even during a crisis, colleges abuse their economic and r... by delusional on Sunday April 12, 2020 @07:19AM (#22847464)
From a purely free market perspective, it makes sense. getting educated takes resources, that education then has to earn you more resources in the long run, meaning you can pay off the loan.

That ignores all the sociatal benefits from having a more well educated poopulous, and I like free education, but you can't deny there's some internal logic there.

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