I think the utility of college for most is diminishing. The cost /benefit is based on old numbers. After the economy collapsed in 2007 college has become a holding ground for young people, but it has cost over 1 trillion in debt to house the American youth and delay them entering the job force where absolutely no jobs await. Almost 30% of all 20 somethings live at home, in mom and dads basement, accruing late penalties while they are unable to make a dent in their college loans, hoping for a job to fall out of the sky. It was a scam from the start. That's why .gov took over Sallie Mae, the lending arm of university, so now all these people owe Uncle Sam 1 trillion in non dischargeable (cannot escape through bankruptcy) debt. I read that some of the first people to get social security checks with still active student loan debt had their monthly checks garnished to pay for 40 year old student debt. Good luck with that.
Not to mention I lived for the last 10 years in a small southeast town totally dominated by a major university and all my associates and friends were connected to the school and I have seen first hand what a complete and total scam college is for 90% of people who go.
Not to mention I lived for the last 10 years in a small southeast town totally dominated by a major university and all my associates and friends were connected to the school and I have seen first hand what a complete and total scam college is for 90% of people who go.