msmith537, you strike me as a intelligent, rational guy. So I’ve wracked my brain to understand why I am in such disagreement with you in this and past threads on the subject.
Based on things you’ve said, with all due respect, I get the impression that your experiences in this matter are limited in a couple of ways.
FTR, I’m not whining: I feel that the system has treated me great. I’m grateful for its forgiving nature (I was 26 when I graduated, having gone back to college after a couple years off). I got an electrical engineering degree from an ABET-accredited program at a large public university cheap enough for me to work my way through and graduate debt-free (and there is no way in hell I could afford to do that, at the same school, at today’s tuition rates). The program was pretty competitive to get in and get through. I worked my ass off, and while I wished at the time that I had more time for stuff like girls and football games, I feel that the education I got was well worth my efforts.
I got a good job with that BSEE, and my employer eventually paid my way through two master’s degrees at much more elite institutions. I’m doing fine - this year, I will pay the alternative minimum tax. No whines here.
You mentioned upthread the high success rate of people you know who went to college, and cite this as evidence that there’s no problem with the system? I too could look around at my the people I work with daily and note that none of them regrets going to college, even if they incurred debts.
However, I have also stayed in touch with friends and classmates from my home town who didn’t get nearly as much payoff from college. Some of them had bad breaks, and/or didn’t have the right personality for competitive professions. But not all of them. There is also a notable difference in the resilience to that debt between solidly middle-class kids, and the working class. They don’t look at six-figure debt the same way.
Another area in which I think (and if I’m wrong about you on this, please correct me) that your experience with the educational system doesn’t encompass the big picture: you don’t seem to have had much contact with people teaching ‘in the trenches’. I have never taught public school, but I have lots of friends who do, and I volunteer at a local middle school. I also have a brother who teaches college math to freshman and sophomores. He and his colleagues agree that the shift towards maximizing enrollment has significanty harmed their ability to teach the students who are actually trying to learn. This may not affect people who deal mostly with the success stories of the educational system (like you, or, on a daily basis, me). But that doesn’t mean there’s no problem.
The “Buyer beware” argument is appealling. I’m enough of a cynic and small-l libertarian to believe that people shouldn’t expect the government to guide them by the hand in making career decisions. Neither of my parents went to college, and I managed to find my way.
But I’m not cynical enough to think that a system that accepts tax dollars is entitled to mislead uninformed people (who are, after all, paying some of those taxes). Opposing government intervention is not the same thing as condoning government duplicity.
Them’s my sentiments.