[CU Tiger]

I think the points that the college loan/free college debate rarely mentions, or at least I rarely hear (maybe I listen to the wrong voices)is that

1) Not all careers need a college education.
2) There is a major shortage of work force in the trades for well paying jobs.
3) If college was "free for everyone" yes there would be an influx of spending from parents on goods, but it would also displace a large number of workers. As many young folks would go to college if for no other reason than to avoid working for a while.

Again I've talked about my specific situation a bunch. I hire field technicians and teach them to repair equipment. An 18 year old with a HS diploma and no education can make $60k his first year and have a company truck and good benefits. 5 years in my top field guys are doubling that number.

Tarcone's example is a perfect one. A BS in Biology is a worthless degree. You can teach with it or get a MS or PHD or use it as a base for med school, vet school or law school. Otherwise it has no benefit. She should have chose better.