Looks like the next deficit reduction go-round will include further cuts to student loans. In the context of this article, such a decision won’t be good news for college students. Most of the students I work with plan on seeking bachelor’s degrees after completing the associates. After leaving with degrees or quicker tranfer they will, of course, have to pay more than what they’ve become used to paying. What does a tuition crisis mean for students and their families and the intellectual health of a country? Doom in the clouds. But what to do? What is the economic dynamic of access to knowledge and knowledge creation?
I’ve seen lots of people squander their time at the college. Another form of waste. They pay for something they don’t really want. These students could do lots of good with their time. But is doing good reserved only for classroom work and furture study? Of course not.
What will happen if the idea behind a college-bound future becomes less important or less affordable. I see this as similar to the health care question, where relatively common hospital procedures are pretty much out of everyone’s price range. Will people simply stop seeking out care?