In America today, the average student-loan debt for a four-year degree is over $28,000

[basquebromance]

When asked how big their student debt was, people from Denmark, Taiwan, Ireland, Brazil, the Philippines, Scotland, Turkey, and Canada all gave the same answer: $0.

4 Years of College, $0 in Debt: How Some Countries Make Higher Education Affordable

 

[HereWeGoAgain]

I'd hazard to guess the government didnt get into the student loan business.

 

[DGS49]

Well, one thing many countries do (e.g., Germany) is that they make college "affordable" for those who have demonstrated that they are "college material."

I, and most other Americans, would gladly subsidize colleges so that, say, the top 25% of students in the State (NOTE: The Federal Government has no business screwing with education), as measured by quantitative test scores, were given "free" tuition, to study subjects that are likely to have economic value to the society in the future.

In the U.S., college is too often a four or five year opportunity to delay the responsibilities of adulthood, while "studying" subjects that are essentially worthless. It is grotesquely wasteful to borrow money for such a boondoggle, and even worse to ask that the taxpayers pay for it (or to "forgive" loans that went to pay for it).

My opinion.

 

[Silver Blooded]

And worse is that many that graduate from college probably could have gotten a better education at a vocational school. College is a fucking trap for kids these days. When kids come out of college with a liberal arts degree, they are fiscally enslaved without a job in sight, and then start begging for socialism when they are stuck working as a barista for Starbucks with a college degree in gender studies.