Re:Info is available about which college majors pay off, stu...
by ddingus on Saturday December 26, 2020 @03:34PM
(#25546250)
Perhaps the numbers suggest a society with lower personal cost and risk exposure presents less incentive to get higher education.
The more important discussion is how massive debt dilutes a lot of the value in the education.
That debt is unnecessary.
It doesn't seem like many of them value it more than the US, and none value it all that much more:
https://en.wikipedia.org/wiki/List_of_countries_by_tertiary_...
In the US, 44 percent of people age 25-64 have a college degree; only 6 countries have a higher percentage and the highest is Canada at 54 percent, which isn't that much higher.
> they don't make people go into massive debt for it
It is true that many other countries have free college education; however, as shown by the numbers above, this does not seem to have resulted in a larger fraction of their people getting college degrees.