Authored by Michael Snyder via The Economic Collapse blog,
One thing that almost everyone can agree upon is that our system of public education is broken. We spend far more money on public education than anyone else in the world, and yet the results are depressing to say the least.
About 70% of college students – equal to about 44 million Americans - owe a collective $1.4 trillion in student debt. And while the standard repayment plan for federal loans suggests that they should take no more than 10 years to pay back, in reality, it regularly takes twice that long.
Authored by Daniel Ameduri via FutureMoneyTrends.com,
As I sat down to enjoy some smoked salmon at a recent BBQ I attended, I ended up at a table with two recent high school graduates.
To my disappointment, when I asked them what their plans were for the summer and beyond, both said they were heading to college.
With student loans and a wasteful four years in front of them, I couldn’t help but ask why.
Is there really anything that takes 4 to 8 years to learn or become an expert in?
Americans who are hoping to avoid the shackles of student debt and proceed straight from high school into the workforce have more options for well-paid gainful employment than they might think. Even as the ROI on college degrees continues to decline, employers in certain blue-collar industries are struggling to fill management jobs that pay as much, or more, than jobs that require a college degree.
Authored by Murray Rothbard via The Mises Institute,
The key issue in the entire discussion is simply this: shall the parent or the State be the overseer of the child?