The Economic Frenzy Around Education

This is not a good time to be a young student according to skeptics within the US. Even with the unemployment rate down by noticeable percentage, college costs are still a daunting prospect. As people point the fingers at the education curriculum, we have students struggling still to land decent paying jobs after graduation. Ultimately that ends up leading them towards a carousel, which is a lot more daunting if they are stuck in debt from their college. Even with government’s efforts to provide support or relief for students in debt, the figures have not been encouraging.

This debate cannot simply be studied as the quality of education going “downhill”. The curriculum is more or less the same standard, it is just the conditions which has made it tougher for graduates to land the dream careers they want. Now there is a link that needs to be established between education quality and the conditions. But the propagators of such an argument believe that with the improvement in education, the students would be able to get a better hold on their dream careers. For that to happen, many are calling for increased funding on education so that private funding can be cut for it.

This is a problematic stance for many reasons not only because graduates suffering after college is not precisely due to poor standards of education. However, it is accurate to put it as a reason behind falling of grace for certain institutions. For now, every political solution is obsessed with ensuring that funding for education is improved which in turn can make the students less dependent on debt. What parties, and groups cannot figure out is where to spend the money even for this “funding”. Should they hand the money for universities to invest in infrastructure and research or invest in ensuring financial support for students. You need both, pragmatically speaking, but in the economical sense it might be well worth considering debt. The problem as therapists put: is not so much as what the graduates don’t know as much as is the weight on them as soon as they graduate.

Education and Economics

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This raises an interesting point. A majority of the US citizenry, being middle class as they are, would have difficult in affording decent college tuition. With government community college education being questioned, many turn to the private and ivy leagues and that is where the debt rollout starts. A few voices have called out for the betterment of state funded universities which is contribution, varying state by state. The debt scenario is desperate however, young people are unable to invest in themselves and many are simply busy paying off mortgages and rents. The state funded education improving is a long term measure, a seasoned tempering of steel that has rusted beyond recognition. Supporting and relieving the debt stricken students and graduates is a more pressing need as many of the progressives within universities are screaming.

So the entire frenzy is not just about removing the economic burden that education has placed upon the youth, but in also providing them with ample opportunities. Obviously with the increased movement and refugee support, the latter is not easy but removing financial constraints is still something very much within the cards. The only thing that is left to be realized by most people is that: education is a fundamental right and needs to be provided for as such by the government. It’s finances, its support is something which needs to be taken seriously if the youth stepping forward is to take the economic mantle with responsibility.