I can't even begin to imagine how many Americans don't go to University because of the fear of debt at the end of it.
A lot of them go to university anyway, due to student loans and other financial aid programs, which make life siginificantly easier. Of course, then you're in debt for the next 10-20 years, but at least you have a degree, which is worth less and less nowadays.
This is state investment into it's own future; the future of society depends on a well educated next generation. Otherwise it will stagnate and become dependent on outside resources.
My greater concern is the general trend towards outsourcing jobs that ordinarily require 4-year degrees. I have a feeling that less students in the US will go into engineering and science disciplines, as there are less and less jobs, along with the general feeling that any field you invest large amounts of time in (and go into significant debt for) you do will likely be outsourced to Someplace Cheaper.
no subject
A lot of them go to university anyway, due to student loans and other financial aid programs, which make life siginificantly easier. Of course, then you're in debt for the next 10-20 years, but at least you have a degree, which is worth less and less nowadays.
This is state investment into it's own future; the future of society depends on a well educated next generation. Otherwise it will stagnate and become dependent on outside resources.
My greater concern is the general trend towards outsourcing jobs that ordinarily require 4-year degrees. I have a feeling that less students in the US will go into engineering and science disciplines, as there are less and less jobs, along with the general feeling that any field you invest large amounts of time in (and go into significant debt for) you do will likely be outsourced to Someplace Cheaper.