I live in France, and college is free here. I am aware we are paying for it, we all are, but I guess everyone is okay with that and figure it is
better for everyone as a whole. On the other hand, I think many more kids end up going to trade schools out of high school than in the US. They are
free too, though private universities and tradeschools exist, they are not very popular.
I have two kids in college right now, and I know I couldn't have afforded it if we were in the US.
There is the long term effect on the whole society of loans to consider.....
Someone who goes to medical school, for example, has a HUGE debt to pay off for years,
so to be able to pay that off, and also make enough to live, they need to charge more for their services.
You raise the price of services for everyone.
I purposely used the example of medical school, because in most cases one could argue, "yes, but I can choose to buy a service or not, taxes, I don't
get to choose to pay or not"
But when it comes to medical care, when you need it, you need it- you have less room for choosing then say, choosing to hire a gardener or not. You
can do your own gardening if you don't want to pay another to do it. You can't do your own surgery!
There's also the theory that with more education, the society benefits from having less kids who grow up to be ignorant, unemployed, socially
But on the other hand, I am not sure that US colleges really make much of a difference in that area.
edit on 6-10-2011 by Bluesma because: (no