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dbspin | 12 days ago
The market lens is myopic, the market cannot be expected to produce social goods in proportion to necessity - that's not any part of its function.
I agree that the student loan system is insane. Students need grants to cover cost of living while they focus on learning, education itself of course should be free.
gruez|12 days ago
"producing labour units for corporate" at least pays the bills. What's the alternative? Education is for "finding yourself" or whatever? That's a nice platitude, but "finding yourself" with a film studies course doesn't pay the bills, and is arguably the reason why there's a student loan crisis in the first place.
dbspin|12 days ago
There's a student loan crisis because US education is dominated by for profit colleges (in start contrast to most other countries) and because student loans lack ordinary consumer productions (in stark contrast to all other countries).
In the US students act as guarantors for debt obligations between the government and commercial institutions. The reverse of the usual arrangement.
WalterBright|12 days ago
I never understood this characterization. How do the schools implement a goal for producing labor units?
> education itself of course should be free
People don't value what they get for free. If you sign up for a course in welding, are you going to be more or less diligent in learning it if you have to pay the tuition?
dbspin|12 days ago
No education is free, it's paid in time and effort. I value my degree because it was difficult, not because it had a cost attached. One that could be purchased without effort would have no value.