Re:Coronavirus will end the golden age for college towns
by deathgrips on Monday May 18, 2020 @04:35AM
(#23219873)
That sounds like a great system. From purely selfish motives, the state will reap more taxes from college educated citizens than they would otherwise, so literally investing in public colleges makes financial sense. America chose to invest in education debt (and modern day indentured servitude) instead.
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Re:Coronavirus will end the golden age for college towns
by mschuster91 on Monday May 18, 2020 @05:17AM
(#23220165)
> From purely selfish motives, the state will reap more taxes from college educated citizens than they would otherwise, so literally investing in public colleges makes financial sense.
On the other hand, college educated citizens are less likely to enter the army out of desperation (so no more cheap replaceable cannon fodder for the endless wars) or to agree to usurious 20%+ APR payday loans or end up in private prisons or work as replaceable cogs in Amazon warehouses, "gig economy", farming, meatpacking or whatever else exploitative labor market. This costs the rich elite donating to politicians actual money in profits.
Incentives for politicians are not aligned with the targets for a better society, that is the core issue.
Re:Coronavirus will end the golden age for college towns
by deathgrips on Monday May 18, 2020 @04:39PM
(#23228067)
Modern soldiers are not "cannon fodder", they are for the most part highly trained professionals that you cannot draft and quickly ship off to war.
Re:Coronavirus will end the golden age for college towns
by veggieburglar on Tuesday May 19, 2020 @02:35AM
(#23231906)
They’re not cheap either.