Re:Once poor, always poor?
by lotsofpulp on Monday December 27, 2021 @10:58AM
(#29703530)
> A degree can be a valuable signal to employers and also be a terrible waste of time and resources. It can be both at once.
Sure, but it answers the question of why a degree is “needed”, and that is given the supply and demand curves for labor, the suppliers of labor need it to compete with each other.
> It would be better if we found ways to let young people get into white collar and middle class professions without spending $100K and four years of their lives.
Really simple, remove all taxpayer funded (including guaranteed) education loans, and any special bankruptcy protection they might have.
Sure, but it answers the question of why a degree is “needed”, and that is given the supply and demand curves for labor, the suppliers of labor need it to compete with each other.
> It would be better if we found ways to let young people get into white collar and middle class professions without spending $100K and four years of their lives.
Really simple, remove all taxpayer funded (including guaranteed) education loans, and any special bankruptcy protection they might have.