> The sticker price is misleading... There are scholarships... Work study... employers... offer loan repayments... public service makes some eligible for loan forgiveness
Most of these (scholarships, work study) are available in other countries without the sticker price in the USA. Employers don't need to offer loan repayment as a starting bonus in other countries because the sticker price isn't so ridiculous.
It worries me how you rationalize this away - what happens if you don't get a scholarship or that loan repayment as a starting bonus and don't want to work for the government? If you just want to work for a mid-tier accounting firm then your education could be costing you an astronomical portion of your paycheck.
My experience supports the view that even with aid, American university prices can be prohibitively high.
Back in 2011, I got into a few prestigious schools (CMU, U Chicago) that talked a big game about need-based aid. They trimmed a good bit off the sticker price for me, but it was still more than I could afford without getting into more debt than I was comfortable with. I'm graduating next month from the University of Pittsburgh where I pay no tuition because I grew up nearby and my high school performance was up to par. So my friends who do pay tuition are subsidizing my degree.
> Most of these (scholarships, work study) are available in other countries without the sticker price in the USA.
That's a distinction without a difference if almost no one is paying the sticker price except for the trust fund kid without any ability or willingness to work.
> It worries me how you rationalize this away
I disagree with you because the alternative model, "free or cheap for all," ends up subsidizing that trust fund kid who has no ability or desire to work. If you're subsidizing the rich, it's ultimately at the expense of the poor. It's a regressive system dressed up as progressive, it's just a wolf in sheep's clothing.
Characterizing our disagreement as "me rationalizing something away" though is undeservedly patronizing. If I responded in kind the discussion would quickly devolve into name calling.
We have a good faith disagreement. We can treat it that way or just not bother discussing it.
Most of these (scholarships, work study) are available in other countries without the sticker price in the USA. Employers don't need to offer loan repayment as a starting bonus in other countries because the sticker price isn't so ridiculous.
It worries me how you rationalize this away - what happens if you don't get a scholarship or that loan repayment as a starting bonus and don't want to work for the government? If you just want to work for a mid-tier accounting firm then your education could be costing you an astronomical portion of your paycheck.