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RE: The one you left out...

Posted by Inmate51 on June 8, 2021 at 04:13:58:
I have to disagree with you on that. It's largely a fallacy that "students are saddled with student debt", designed to push a political agenda to socialize college costs and promote "free" college. College will be FREE when everyone working there works for free. Until then, "free" college doesn't exist and won't exist - the cost will just be spread out among the entire population.
We've put two kids through college, both earned Bachelor degrees in good fields (not "Women's Studies" or "Black History", although I majored in women while in music school, but that's another story) both at great state universities - University of North Texas and Texas A&M.
We currently owe about $30,000 in student debt, which we'll probably pay off in about two or three years. The kids owe nothing, and are gainfully employed. And we're pretty much middle-income middle-class. I've got my Schoeps microphones and Revox tape deck and Canon 70-200mm F4 lens, etc., but I don't have horses and can't board dogs and their trainers.
The second part of the fallacy is that people who study certain professions have to go to school for as much as eight years and therefore are "saddled" with even more debt, such as doctors and lawyers. Yet, who's driving the Mercedes S and the BMW 740 and the Porsche Cayenne? Who's got the 5,000 square foot home? Doctors and lawyers. (Oh, and people in academia and retired university professors.)
How do we reduce the cost of a college education? Glad you asked. Eliminate the extraneous unnecessary "required elective" classes. That alone will reduce a Bachelor degree program to a nominal three years rather than four. Of course, that means less revenue for the university, so, that's the sticky wicket.