|
I think one of the issues we face as a nation is that there are too many students chasing too few dollars. I read a study recently pointing out that only about 10% of the jobs in our economy require a college degree. Yet we push huge numbers of poorly prepared students into expensive college classes which many fail. The graduation rates at many state schools is well below 50% in 5 years. If we spent a fraction of our higher education budget on trade schools and removed the social stigma from being a highly paid plumber or carpenter I think we could solve much of this funding problem. Denying financial aid to poor students for other than community college is another economic efficiency that could free up dollars for good students with need. Sigh...so many issues so little time!
_________________________
David Hollands, CFP
| 
