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mrstickball said:
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That really depends if the degrees are in worthwhile fields. In the US, degree growth has increased four-fold from the 1990s which has increased tuition costs considerably since supply can't keep up with the artificial demand. The even bigger problem is that the vast majority of the increase in degrees aren't in valuable productive fields. They're in psycology, liberal arts, and other fields that are not in demand. So we have a lot of well-educated, debt-ridden, unemployed people with no usable real-world skills.

Of course, that tends to be the MO of government subsidies. They're well-meaning, but very poor on results.

They should shift the subsidy to encourage useful degree subjects, and limit the institutions that qualify for it to those with some standing.