Snoopy said:
1. Yet there are Countries like China and India with a bigger population and yet we have more money. 2. Eventually, we will have to drop social programs, tell other Countries they need to take care of themselves and end financial aid. It's as if social programs fail in the long run... 3. You assume wrong. Private banks will make loans, but for degrees that are actually worth it if the federal government just butt out. They will deny your loan for a liberal arts degree (unless it is really cheap) but approve your Engineering degree. And again, Universities have NO INCENTIVE to lower price because kids out of high school with no concept of money are willing to put themselves hundreds of thousand dollars in debt for joke degrees. If someone was willing to pay you a lot of money for a product, why would you lower the price? Also, you don't need a college degree to be successful. There are other forms of education such as Coding boot camps, trade school, and even youtube videos. |
1. Still, since they are still a developing country. But China is growing much faster than the US and will overtake them soon. US Has a total GDP of 20 Trillion while China is at 15 Trillion and growing at twice the speed of the US. 20 years ago the US economy was still 3 times bigger than the Chinese economy, now that's down to 25%
2. Or just cut the military budget and get some taxes from corporations and the super-rich, as they are paying next to nothing now, and certainly much, much less than they should, even some of them acknowledged that, and that was before Trumps tax cuts.
Also, drop financial aid? You do know that the US already pay much less then every other developed country as part of their GDP, and that financial aid generally pays out in the long run as these countries tend to like to deal with you in very generous terms.
3. Because it's unsustainable on the long run. At some point even the banks won't be willing to lend that much money without guarantees anymore - but what guarantee do you have to make it to your diploma and get a well-paid job that you can present to the bank beforehand? Especially in times of crisis and/or recession there's nothing you can give them unless they have rich parents who can guarantee to pay it back or poorer families who will have to gamble on their house and/or car as guarantees to the bank - at which point many poorer people will not be going to get higher degrees as the risks get too high. This then means less income for the Universities, thus jacking up the prices even higher to compensate, resulting finally in just the rich being able to afford an University degree. That's also why I said you imply a degree only for the rich, as that would be the result in the long run if nothing changes.
Youtube videos? Tell that to headhunters and employers who only look at your diplomas.
The Nintendo eShop rating Thread: http://gamrconnect.vgchartz.com/thread.php?id=237454 List as Google Doc: https://docs.google.com/spreadsheets/d/1aW2hXQT1TheElVS7z-F3pP-7nbqdrDqWNTxl6JoJWBY/edit?usp=sharing
The Steam/GOG key gifting thread: https://gamrconnect.vgchartz.com/thread/242024/the-steamgog-key-gifting-thread/1/
Free Pc Games thread: https://gamrconnect.vgchartz.com/thread/248138/free-pc-games/1/