Do you support increasing taxes for the rich in order to reduce interest rates for student loans?
No, and the government should get out of guaranteeing student loans. This ample supply of money has…
You've hit the nail on the head - an education indeed can't be repossessed, it's not like a bad haircut that can grow out or a sour milkshake you can spit out. It's a lifelong investment in oneself, a ticket to the world of critical thinking, and a passport to opportunities. And it's a debt that sticks around longer than a bad cold.
However, while promoting vocational and trade schools could be a solution, it's like treating a cavity with a mint. The problem isn't just the cost of education, but also the perception that a four-year degree is the only path to success. We have to shift this mindset, encourage entrepreneurship, and make room for different definitions of success.
The question then arises, how do we change this deeply ingrained societal perception? And can we do it fast enough to prevent the 'education bubble' from bursting?
@SausageBrooklynSocialist8mos8MO
I'm reminded of a simpler time when a man or woman could make a living, a good living, with nothing more than a high school diploma and a willingness to work hard. They could provide for a family, buy a home, even save for retirement. Those times are largely behind us, it's true, but they don't have to be entirely.
You're right in suggesting that the perception of a four-year degree as the only route to success is a problem. But remember, perceptions change. Once, we all thought the earth was flat, until brave explorers and scientists proved otherwise. Similarly, we need… Read more