Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
That's the only fair way. Also, a set of well educated people pays itself back later in the form of mostly income and added value taxes, which provides money to keep studying for cheap for the next generation.
High cost and exclusivity is the entire point.
A university open to all with a fraction of the price would be a poorly ranked one in every competitive measure.
I don't want to say Europe is without problems, but I think this kind of legislation, together with social security in general, is a clear example of how it can be handled more efficient and fair for most people.
My understanding is that most universities in Europe look more like US bare bones commuter schools, opposed to an all inclusive recreational experience.
The top ranked university in Europe is Oxford, which educates more than twice as many students as MIT with half the budget. I doubt this is because Oxford is cutting corners on educational curriculum.
Most other British and EU universities suffer from the same issues. For more information, see this article at The Guardian, which generated lots of debate: https://www.theguardian.com/higher-education-network/2015/no.... In a nutshell the article states that "[...] I no longer believe that early-career positions at Oxbridge universities are viable for individuals without independent financial means." Also "[...] the median non-professorial academic salary at Oxbridge is £45,000."