jordan3184 t1_j7pwld7 wrote
Rich and powerful of this country wants middle class and lower middle class to stay dumb and work low paid blue collar jobs so they can keep making money and keep getting servants. They don’t provide good program which really lifts the lower class or middle class. They have billions of dollar for war but not for humanity.. Democrats or republican both suck big time
MedicalSpecializer t1_j7pyor2 wrote
Untrue, the rich and powerful know that a highly educated workforce, even if it costs more to pay them, are for more productive (meaning more profit), have longer healthspans (meaning less money paid out by insurance), and work more hours and into older age (meaning less retirement). Elites, at least those with any economic sense, want a highly educated, productive workforce, which is why tax policy encourages spending of hundreds of billions, if not more, on education every year.
jordan3184 t1_j7q1udx wrote
Where is free college education ? If you get student loan you will be poor for rest of your life exceptions are there.
MedicalSpecializer t1_j7q2oq9 wrote
Free or low-cost college education is accessible in many places. Georgia for example, provides tuition-free public university for any undergraduate in-state student who meets the requirements. UGA and Georgia Tech are very, very good schools.
Also, the vast majority of Americans do not and will never have student loans. It’s an uncommon problem. Additionally, per the Cleveland Fed, there’s a wage premium of 84% for students who are college-educated versus those who aren’t. Even with the opportunity cost, it’s largely worth it going to college (and so many people going to college, we see their revealed preferences despite the cost).
jordan3184 t1_j7q31ph wrote
I am not sure you are aware with ground reality.. number for inflation even looks better . 😀
MedicalSpecializer t1_j7q3f7f wrote
I’m an economist by training (if not by practice), I have student loans, and they were 1000% worth it because the wage (and mobility!) premium for having a master’s is much much more than the lack of full-time work I missed out on. I’m very familiar with reality.
Millennialcel t1_j7seg51 wrote
The trillions of dollars for war is because all that stuff is produced in the US and it provides jobs.
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