Comment Re:All mine were cheap! (Score 1) 1259
The university attendance rate in the U.S. is way, way too high, and will get even worse if interest rates on student loans are lowered further below the free market rate.
Yes but think of how good the youth unemployment figures look with so many young people studying!
It's a catch-22. There are a distinct lack of well paying blue-collar jobs in the U.S. If a young person wants to make a decent living it almost always requires higher education. This leads to a flood of outgoing high schoolers attending a university and a dilution of the value of a degree.