Fifty years ago, there was a national effort to help more students attain the educational levels (secondary and post secondary) necessary to make the
US to outdo the USSR in the "space race". Then, returning VietNam vets used their GI Bill benefits to attend college. Plus, corporations used to be
highly supportive of higher education, offering their own training or helping the employee with their education.
As the loan industry
got the govt to
privatize and not forgive college loans (with bankers calling in favors as far back as 1980), the results have been what other posters observe. The
home mortgage industry entered the fleece of middle class families by advertising how easy it would be to get money for education by refinancing their
Now we have the perfect storm of less middle class wealth to draw upon, lack of jobs to create wealth, wages forced downward taking longer to pay off
ed indebtedness, and lack of enough college space even if the other conditions didn't exist. In fact, colleges have drastically CUT BACK on classes
for budgetary concerns, which makes the 4 year degree now a 6+ year deg for many.
And, a student may be given a free ride for tuition and books, but there still are living expenses to contend with, with families less able to help
out, and less jobs provided for the student to earn $ for those expenses.
So, no, duh, less students are attending college. And, yes, where are the jobs that REQUIRE a degree? And what jobs will be out there in the (near)
future? Unless these questions are answered soon, I'm afraid more students will not want or be able to afford the personal investment of time and
With that said, education is the one thing in Life that cannot be taken away. And holding even a 2 yr degree says that you are able to stick with and
complete a program.
Also, and this is rather laughable, compared to China or India, they'll ALWAYS have greater numbers of college grads, based solely on population.
Now, percentages are different.
OTOH Americans won't be able to go toe to toe with foreign corporate/entrepreneurs degree holders, unless we produce our own degree holders. And
those degrees are in the sciences, engineering and technology (for example, NEW energy technology), so we have to reassess the global market for
degrees in Bible/religious studies, which have been favored by many in the recent past).
America will be hard pressed to produce science degrees in a culture that promotes a lack of science knowledge as a good thing. Believing in a
Biblical Earth age and urging science to promote religion, plus downplaying industry offenses on the environment by either keeping citizens ignorant
of science or continuing with 20th century technology are also a sure fire means of making sure we can't keep up.