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In article , Alun
writes: Still, the effective result was that almost any kid who was smart enough to get in could go to college and get a degree. The rich ones paid their way and the rest got various forms of help but did not have to start out their professional lives way in debt. Correct That's a good thing! However, now they are phasing out grants and bringing in loans. This is also a big mistake. Actually, I think loans make sense *IF* they are reasonable and the job situation is such that they can be paid back in a short period of time. True. I'm not sure whether those couple of IFs hold true in the UK as I'm not there. An engineer's starting salary over there would not have been enough to pay back a loan when I graduated (it was barely enough to live on), but I think things have improved since then. If that's the case, then I share your opinion that loans aren't a good idea at all. As for the US, the problem is more the size of the fees rather than the size of the paychecks. That and finding a job. Exactly. The big question nobody wants to answer is "why does a year of college cost so much?" Here in Radnor Township, we spend a bit over $10,000 per year per student in the public schools. And that's one of the highest outlays in the commonwealth of Pennsylvania, if not the whole country. Why should a year of college tuition cost more than that? The college school day and school year are shorter, the classes bigger, and the college students pretty much provide their own supplies and/or pay lab fees. College students also usually provide their own transportation, don't need special ed services, etc. So why does college cost so much? I don't know. It's a puzzle. I don't think it's big salaries. Some years back the local paper did a series of stories on my alma mater and the tuition explosion. Two things were obvious cost-increasers: big jump in the number and ratio of nonteaching administrators, and a building boom. Still, the local school district built a new elementary school a few years ago without breaking the bank. We're not top-heavy with administration by any means, either. I would think that primary and secondary education are actually more complex and costly than college, for a number of factors ranging from classroom hours to diversity of student needs. Our governments need to invest more in putting people through higher education. It doesn't really matter whether they do it by giving money to the colleges or to the students, provided the former results in lower fees, but they need to do it. An educated workforce is the most important thing they could be putting their money into. I agree 100%. It's an investment in the future. Public education (meaning universally-available, publicly funded education) was recognized as a necessary function of government from the very beginning of this country. Nowadays that means either college or some form of post-high-school specialized training. Money well spent. Responsibility to the next generation. What a concept. 73 de Jim, N2EY |
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