you mean the business of education is following the money and not focusing on spoiled American students who want their cake and eat it too?
Follow the money. Education is a business model, no matter the economic model of the country.
Follow the money. Education is a business model, no matter the economic model of the country.
This is from a country that pioneered universal public education. This attitude disgusts me—the exact same arguments apply to health insurance companies. It's a social good with immense effect on our society, and yet we still attempt to drain money from our neighbors to justify its existence.
This is the type of attitude that allows an elite upper class and inspires Trump-esque populist angst. The economy should never be the country's primary concern but balanced with all the citizens' needs.
The "Education System" is basically the "Liberal's" version of the MIC.
The vast majority of professors make crap money (unless you're a research prof or work at an elite liberal arts college). Sabbaticals are often for a full year.
The problem with education has nothing to do with the wage of the professors—we already can't afford to pay them what they're worth.
> The "Education System" is basically the "Liberal's" version of the MIC.
I can't understand this sentence.
What did anything you have to say do with anything I had to say?
The problem with education has everything to do with the money the schools have, how they get it and what they do with it - including pay for professors and janitors alike. When the Gov't started giving out 'free money' for student loans, the cost of education went up. why? not because the staff is virtuous and the presidents are moral stalwarts. Its because everyone wants a new car and a flat screen, 4k TV.
http://www.nber.org/chapters/c13711.pdf
I mentioned the MIC because you brought up politics and class differences re: the FACT that education is a business model. like anything else, it is led around by it nose (money). While I can not say that its the best model, i can say I'm not going to pay for someone's X-year degree(s) in 3rd-Century Romanian literature - nor should I be forced to - that is the very opposite of Liberty.
Harvard has a $36 BILLION endowment and yet the costs keep going up. WHY? Education SHOULD be one of those things we look up to in society, but unless there is better motivating factor to do so, it will not happen. But then, who says formal education is the ONLY way to get educated?
http://www.usnews.com/education/best-colleges/the-short-list...
http://money.cnn.com/2016/01/27/pf/college/largest-college-e...
Of all the problems the US faces, excessively _low_ housing costs is not one of them.
Indeed, if the effect would be to raise housing costs then this alone would be a reason to rethink the policy.
And while loosening zoning laws wouldn't hurt, there has not been any radical increase in such laws over the last 20 years, certainly not across the whole nation. Yet housing prices have sky rocketed over the same period, even in areas where zoning is lax. So, while it may help some, a real solution is evidently not going to be as facile as some re-zoning.
If they were in Germany, they would've gotten into a good tradeship or university all paid for without having to succumb to transgressive career choices just so they can support themselves through an expensive and horribly faulty notion that education is a business just like trading stocks.
Or, you know, you could borrow the money to study and then get a high-paying job in NYC or SF, pay it all back in less than three years, and enjoy low taxes for the rest of your 40 year career.
The U.S. system is polarizing, for better (if you're lucky / don't fuck up) or for worse.
don't assume everyone else has the same options as you.
please tell me a German university student who sold their ovaries or body to fund their education. oh thats right it's all paid for.
lets not forget the quarter of a million dollar student loans that they will be forced to pay for. Pretty sure that's nothing couple years of work and all paid for right?
seriously America is too ghetto for university students, you have to literally fend for your self while in Europe the state recognizes the value in investing in university students through a national program. After all, much of the innovation comes from such institution. Maybe not so far America since they import all of the talent anyways starting from WW2 days
also explains why startup founders are overwhelmingly are immigrants. There just isn't enough American students from American universities thriving apart from exclusive ivy league lucky sperm club (being a navajo or hispanic applicant certainly helps) while barring Asian Americans because the 'yellow peril' is taking over the campus.