The higher education racket
Oct 23, 2008 Americana
College is a racket for the vast majority to students who indenture their financial futures to get a bachelor’s degree.
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October 25th, 2008 at 7:37 pm
What if states’ virtual guarantee of a K-12 education were replaced with a guarantee that ran kindergarten up to final year of university? Presumably, this could be paired with a robust apprenticeship program for those who pursue professions that require skills other than those honed in undergraduate classrooms and dorm halls.
The idea would be that rather than incur enough debt to start them on life’s path with a negative net worth, 18 to 24-year-olds could attend undergrad entirely on the state’s dime, rather than the current subsidized situation. With so many employers now demanding college degrees where they might once have demanded only a high-school education, does this make sense? Is it a good idea? Bad idea?
I ask this at least 65 percent in the spirit of a devil’s advocate, but I’m also interested in what the esteemed Mr. Coleman, Esq., and his regulars come up with as they ponder this for a few minutes.