Quote:
Originally Posted by Lafourche1
This is a competitive disadvantage for the United States versus most of Western Europe. In many EU countries, college is free (Germany, Finland, Ireland, Denmark, Austria, etc.) or inexpensive (~$200 semester - France). These costs are for any EU student going to any state university in any EU country. I see this as an investment in the future versus our mortgaging the futures of college students.
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But not every student is deemed college material in those countries.
The problem in the US
in my opinion is that more students are entering the system than should. Student loans are given to kids whose merits don't justify a $80k financial loan risk. Past academic achievement, combined with job prospects for the desired degree should factor into who gets loans
Tuition costs driven up by easy money given to some who's post college economic prospects make them a poor risk for that debt level. A government created problem, like the housing situation in the 2000s