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A comment on Colleges at the breaking point, forcing ‘hard choices’ about education. Parent comment

Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by jackcosgrove on Thursday April 30, 2020 @02:10PM (#23034041)
We treat education as a public good. Employers don't have to pay for their employees' educations, and employees can take their skills around with them.

Given that banks know their customers need employees they would get around to giving loans out to keep the supply of talent coming.

There would just be far less waste if student loans were dischargeable.

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Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by lotsofpulp on Thursday April 30, 2020 @02:32PM (#23034359)
If the US treated education as a public good, then the US taxpayers would pay for education.
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Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by jackcosgrove on Thursday April 30, 2020 @02:36PM (#23034408)
Maybe not the best word to use. Education is not a private good, like that offered by a medieval guild which required the learner to work for some period for the guild like an indentured servant.
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Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by vonmoltke on Thursday April 30, 2020 @05:28PM (#23036357)
> Given that banks know their customers need employees they would get around to giving loans out to keep the supply of talent coming.

Banks generally don't give loans, the federal government does.

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Re:Colleges at the breaking point, forcing ‘hard choices’ ab... by fennecfoxen on Thursday April 30, 2020 @04:47PM (#23035911)
Well there's part of the problem. Public goods are nonrival, and education isn't, especially if you want instructor attention and small class sizes.
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