Quote:
Originally Posted by Adam.
Higher education is not a right
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I agree with that to a degree (pun unintended). But judging by most dumpster level rants on the web these days, it doesn't seem college is doing whole lot for people's sense of self-worth or self-confidence, or even their intellect, if they're feeling they have to reduce their arguments down to the level of a 5 year old emotional logic to get their points across. So I think there is an argument to be made our education system is almost certainly broken...
I just don't think that getting refunds for all does anything to resolve the quality issues. I made sure I was educated about my education (ironic statement, I know) before getting too deep in and I had a 5-10 year plan and had very specific goals (including
not having massive debt)... and if we find we aren't getting a great education, then maybe adjust the plan? I could transfer to a better school, but of course using that same logic, a lot of artisans sign up for very expensive programs... like design school, it's in the 6 digits here not including interest...
Actually part of the argument
against school grants/federally backed loans is that it's drastically lowered the quality of education in public schools (edit) and helped to raise the costs of and lower the standards of private as well... because if you can accept more students with financial aid, that's easy money... more likely to get them to agree to a higher tuition bill overall.
If it were a
conventional loan, the bank would be interested in their ability to afford pver the long-term... i.e. will a degree in Ancient Texts help you with
your ability to repay or will it maybe be better to go with a second choice, like medical, etc? That would've been a bubble burst for some, but more informative for the student overall on their ability to handle repaying over the long-term...
should indebted students get refund ?
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Good argument.
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