College is valuable for signaling and the experience
Colleges will go out of business when people decide the nondischargeable loans are not worth it. Without getting into Baumol and related issues, college is quite expensive but people are still willing to pay. I'm amazed more families do not send their kids to community college first. The cost savings would be significant. The fact that so many families pay for the full four-year experience shows that the residential model is valued quite highly. [Post edited by Wahoo0408 at 05/19/2020 09:51AM]
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In response to this post by Hoos in da house)
Posted: 05/19/2020 at 09:50AM