HappySqurriel said:
To make a rough guess, I would say that without government intervention the average 4 year degree would cost between $30,000 and $40,000
What essentially happened is what happened when used car loans were introduced; a 5 year old used car jumped from being worth a few thousand dollars to being worth tens of thousands of dollars because everyone who used to be able to save up $2,500 to buy a 5 year old car now qualified for a $10,000+ loan on a used car. The car they were buying didn't change, they just paid more because they could afford to and the people who sold them the car made more money. |
I come from a country where higher education is mostly free ( except some private schools business MBAs) so it's going to be hard for you to sell me on that ...
Heck I was paid by my school while getting my engineering degree..
The education of it's people is the one area where a government should intervene and pour money, because that's where the future of the country is decided...









