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Politics : President Barack Obama
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To: RetiredNow who wrote (130451)1/30/2013 1:11:39 AM
From: koan  Read Replies (2) of 149317
 
Education should be free. A society cannot put more into education than they will get out in increase in productivity and reduction in crime.

Education fully pays for itself. That is one thing that does. society gets every dime back and more.

The powerhouse democracies educate their people.

<<Ignorance is why you say this. If you really understood how subsidies directly lead to price hikes for education, which puts more and more students out of reach of affording college, then you wouldn't say this. Has the cost of education gone up? No. In fact there are macro trends in education that SHOULD BE pushing the price of Baccalaureate education down. However, it is socialism that is acting as a countervailing force to push prices through the roof. It's the new expensive buildings, including sports arenas that have gone up and universities are putting those costs on students, because they can, because students have access to cheap capital. It's the increasing default rates of students who get worthless degrees in non-viable, non-economicly productive areas, that push up the malinvestment in Universities, which then pushes up the costs for other students. Take away the easy money and universities will be more focused on academics and spending money on improving the quality of education in those areas the economy needs most. And the costs to students will be much lower.
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