So here's the con so far. You must go to college because you're screwed if you don't.
Costs are outrageously high, but you pay them because you have to, and because the system makes it easy to borrow massive amounts of money.
The third part of the con is the worst: You can't get out of the debt.
Since government lenders in particular have virtually unlimited power to collect on student debt
– preying on everything from salary to income-tax returns – even running is not an option.
And since most young people find themselves unable to make their full payments early on,
they often find themselves perpetually paying down interest only, never touching the principal.
Our billionaire president can declare bankruptcy four times, but students are the one class of citizen that may not do it even once."
Matt Taibbi, Rolling Stone
"MAKE TUITION FREE AT PUBLIC COLLEGES AND
UNIVERSITIES. This is not a radical idea. Last year, Germany eliminated tuition
because they believed that charging students $1,300 per year was
discouraging Germans from going to college. Next year, Chile will do
the same. Finland, Norway, Sweden and many other countries around the
world also offer free college to all of their citizens. If other
countries can take this action, so can the United States of America.
In fact, it’s what many of our colleges and universities used to do.
The University of California system offered free tuition at its schools
until the 1980s. In 1965, average tuition at a four-year public
university was just $243 and many of the best colleges – including the
City University of New York – did not charge any tuition at all. The
Sanders plan would make tuition free at public colleges and
universities throughout the country." Senator
"In other countries in the developed world you don't
have such massive student debt because you have more public support to
higher education, ... And I think the plan that was proposed earlier
this year in 2015 by President Obama to increase public funding to
public universities and community college is exactly justified." Piketty
FreeLoad Press offers
free downloadable text books (they include advertising.)
Considering the cost of text books this is a very good idea
although not a particularly new one. Local libraries also