211–220 of 264 posts
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The answer of course is that society should fund education in the same way as it does roads, bridges, national parks, security, governance, and other social goods. With tax dollars.
All that stuff is funded with borrowing, not taxes.
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And watch the value of the college degree follow the trend of a high school diploma! If we offered free college, how long before we start dropping the standards to earn a degree (for the same reasons we did so with high school diplomas) and have students waste even more of their lives in extremely sub par education environments?
Why do you think this hasn't happened in Europe?
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Indentured servitude requires someone to work for a particular employer for a fixed period of time. ISAs do not do this. Words have meanings. You don't get to just ignore them to make an emotional point.
I think the parent poster might have meant sharecropping. But the point is still valid.
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If a student with an ISA doesn't get a good job after graduation, the school gets nothing (or not much). If the student does get a good job, the school gets paid more. Thus the school is highly incentivized to make sure that their graduating students are highly employable. This is very different from the other systems where the school gets paid no matter what happens after graduation.
>If a student with an ISA doesn't get a good job after graduation, the school gets nothing (or not much). The school isn’t the one making these deals (at least from the example in the article), private investors are entering into these agreements with students. If the student doesn’t get a job the private investors don’t get paid, whereas the school has already been paid.
Let's scale this up huge, let everyone take part, and have all of society invest in education and reap the rewards. We can call it "public education" and even capture the public externalities of having a well-educated population!
Income sharing applied to four year degrees is almost always more expensive than federally subsidized loans (which taxpayers still make money on...)
Let's scale this up huge, let everyone take part, and have all of society invest in education and reap the rewards. We can call it "public education" and even capture the public externalities of having a well-educated population!
And watch the value of the college degree follow the trend of a high school diploma! If we offered free college, how long before we start dropping the standards to earn a degree (for the same reasons we did so with high school diplomas) and have students waste even more of their lives in extremely sub par education environments?
Earlier quoted context omitted.
People may not value it but can I argue that society improves as a result? I personally treat rental cars, bikes and public bathrooms the same as anyone else. I don’t trash them but don’t clean them meticulously. I still value their presence.
I attended public high school, where everything was free, and a private college, where everyone paid to attend. What a difference. High school was populated by people "doing their time", who wanted to get by doing as little as possible, thought it was cool to be disruptive, cut classes, etc. They definitely dragged the whole thing down for the others. College was different. People paid to be there, the work was hard,…
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The purpose of charter schools is to circumvent equal access provisions and to break teacher unions.
Or to offer programs and incentives that the unions won't agree to such as: longer academic year, longer school day, merit pay, on-call duty, at-home visits, non-traditional facility, non-traditional pedagogy, poor performance termination, etc...
Let's scale this up huge, let everyone take part, and have all of society invest in education and reap the rewards. We can call it "public education" and even capture the public externalities of having a well-educated population!
And watch the value of the college degree follow the trend of a high school diploma! If we offered free college, how long before we start dropping the standards to earn a degree (for the same reasons we did so with high school diplomas) and have students waste even more of their lives in extremely sub par education environments?
Earlier quoted context omitted.
And watch the value of the college degree follow the trend of a high school diploma! If we offered free college, how long before we start dropping the standards to earn a degree (for the same reasons we did so with high school diplomas) and have students waste even more of their lives in extremely sub par education environments?
Education has value independent of any increase in earning potential. Society benefits as members learn a wide range of things. I believe society would be better if there were periods of time throughout ones life to go back to school and learn without worrying that it is useful, practical or will lead to higher salary. Imagine in every member of society learned about John Rawls theory of justice as fairness, or how t…