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While you hear about this sometimes over here, the most common approach for funding school seems to be to take out massive student loans. With even state-run colleges costing upwards of $20,000 per year (tuition & living), there are a lot of people graduating with useless degrees and debt far beyond what they can hope to pay off.

In Colorado there is discussion about changing the fee structure so that students who pursue "business-ready" subjects (medicine, business, law, engineering) pay less than those who take degrees that do not lead directly and obviously to jobs. This leads to hand-wringing about "the purpose of a university is not to be a trade school," but I think that's a bit unrealistic. If you go to a school like Harvard or Cambridge, etc., then you can study Philosophy or Classics because your daddy has a bank VP slot waiting for you after the Grand Tour is finished. It's probably not going to be possible to elevate everybody to that situation. (Or at least it would be if we were living under different political circumstances, but that ain't gonna happen.)

by asdf on Mon Dec 17th, 2012 at 10:42:04 AM EST

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