Higher / University education is very expensive
Do you think higher education has become so expensive that sometimes it's a burden ? I see a lot of university programs are expensive however, the returns in terms of job opportunities are not that great. How to address this problem.
University education is expensive and this is true is not producing jobs for many of the courses. However, the fees are high. As per the report from Bloomberg 40M+ Americans have at least one student loan and 70% of the graduates enter to the job market with a debt. The amount of loan is more than 1.5 trillion.
The problem is not all graduates or the courses they are graduate with can produce earnings.
In Germany (and other countries) public universities offer the complete education for free which allows students to leave without debts and start a career without this pressure. As higher education benefits the whole country, not only business, but also society, as it makes the region more robust against populist parties, a possibility to think of for other countries.