Changing how loans are offered (non-guaranteed) would probably make tuition more affordable if all the bad loans were reduced and done away with so people can’t get insane loans for useless degrees. This is already happening with a lot of the for profit colleges and those “instantly” have closed and ceased to operate just from this change.
Sadly, I think college simply isn’t for everyone anymore (nor is high-school for your average gang banger)…as it’s way too expensive compared to, say, 20-40 years ago.
That said, it’ll probably be sad that a lot of degrees won’t be pursued, but again, maybe that’s a good thing so for people who really want to study the arts, there will be a lot less competition.
I also don’t buy that there are too few STEM grads as having been one and looking for work, I agree that most of the time, companies just want mostly cheaper labor and recent grads are cheaper than more senior employees. For a lot of jobs, I think you’re just a meat suit and it’s sad unless you do something truly innovative.
Most jobs eventually become more maintenance and don’t require the super insane brain to do.
I think after 20-30 years of this “entitlement” mindset of picking that perfect career, house/job, you name it, the next American Gen/group will start to bust ass again and work like they really mean it.
This is why when I see immigrants compared to people raised here, there is no sense of really wanting to work insanely hard or go all out. There is always that mindset of “I deserve this…” so I’m buying it.
Another danger is in 20 years, you start to have a large number of disillusioned low employed / unemployed men who are single with no kids/family (women seem to think of the future more and will graduate with more degrees in the future) who will radicalize and cause trouble for everyone…nothing left to lose, go out in a bang…etc…
