YSK The difference between equality, justice and equity.locked
Why YSK: because what seems like equal situation from surface isn't always equal opportunity for all. And even when equal measure of help is provided, it might not be equally useful.
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How do you decide what majors people should be allowed to take? If money was no object, there would be many many more liberal arts type majors that don't directly contribute monetarily to society nearly as much as other professions.
Doing what’s good for you and others is often very different from doing what’s good monetarily.
The monetary side helps match people where they're most needed. (Not exactly because capitalism is broken in some ways, but approximately) If education and money were entirely decoupled, there would be less of a way to get people where they're needed. Raising income wouldn't help much since you wouldn't need to think about that when choosing a major.
Distributing skilled labor to where it's needed is still good for others too. I agree money and morality aren't correlated, but it can help guide in the useful direction. I think there needs to be a balance between allowing people to do whatever they want and encouraging them to do what's needed.
Here's some more info on problems you can have with colleges. youtube.com/watch?v=Rqv0nuP4OAU
In my country university is free, some have a test you have to pass because there are so many people that want to go, but those are law and medicine. And most people drop out in the first year.
Otherwise it's not really an issue.
Dropping out seems like an issue, as you're paying for someone who isn't going to benefit very much from it. Most people overall, or most people in those majors?
I think most people in those mayors drop out, not overall. My guess is that people know you can make a lot of money there but then realize they don't actually like it.
I don't think it's a big issue though, some public money might be "wasted", but you give everyone a chance which find perfectly acce.