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by sumnole 1797 days ago
We're seeing similar in the United States. Parents are expected to take on 6 figure debts to pay for their children's college education. If you don't have a college degree, with few exceptions your career is vocational. We could stop looking down on this alternative vocational path, and we could have a free public higher education system but there's too much money to be made in selling degrees and dreams.
1 comments

No one is expected to take on 6 figure debts. There are plenty of public universities that can rival Ivies and many elite, private universities have extensive aid programs. You can complete an engineering degree in an in-state school for less than $30k debt after aid.

People still get on absurd levels of debt but there’s a large personal decision component there.

What you buy yourself is a contact network that you would not get at the public school.