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by Tiksi
3124 days ago
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> If we taxed our middle class what Germany taxes its middle class, we could afford cheap tuition too. While I'm in favor of free/cheap education, this made me think of a convincing argument for the student loan / US system. Those who benefit from the education are "taxed" for it in the form of loan payments for a few years, those who don't benefit (directly) from the education are not. I guess ideally you could balance the benefit to society vs the benefit to the individual getting the education and subsidize it proportionally. But that's obviously not practical so we should probably push closer to the society end of the margin of error. |
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> Those who benefit from the education are "taxed" for it in the form of loan payments for a few years, those who don't benefit (directly) from the education are not.
Not only that, but the benefits of free/cheap education largely accrue to the middle and upper classes whereas the lower class also has significantly higher taxes under the European system.
I'm most familiar with the UK where universities like Oxford, Cambridge, LSE, Imperial, etc. are all overwhelmingly middle class. I'm sure the pattern is repeated in Europe as well.