The reason college costs have gone up is because the government decided to make it so anyone could get college loans and they couldn't discharge them through bankruptcy. Then the public education system told everyone that if you don't go to college you'll be a poor loser. So while you don't have to go to college in the strictest sense, you have the same effect. Everyone does because they are told they must. And the schools know they are guaranteed those sweet federal loans which have strings on the naïve 17 year olds but none on the colleges. Why not raise prices? Why not build unnecessary ego projects? The incentive is to lower standards, enroll as many students as possible and raise tuition. Even state universities do this.
That explanation neatly leaves out governments no longer subsidizing education like they used to or state universities being forced to be "for profit" to survive.
I can only speak for what's happened in the US and have no experience with colleges elsewhere.
It's a case of well-intentioned (in their context) people from each political side that made this mess collectively.
It should be noted that "told they must" is not simply bad Boomer advice, but a reflection of the reality that the vast majority of white-collar work (even work that must mostly be trained on-the-job, due to the particular policies and protocols of any given business) requires a Bachelor's degree be on your resume if you don't want your application binned immediately.
Excellent point. I work in IT and for years there weren't IT specific degrees from state universities. My degree is completely unrelated and it never was really a factor in hiring because a BS in IT wasn't a thing. Until the last few years it is now. And every young aspiring IT professional with one of those degrees I've spoken to or worked with had a similar experience. Its a useless degree that doesn't prepare you for the industry. I was expecting they would walk out with a good, broad foundation and some good industry certs to match but that's not the case. Its all theory, little to no application and huge knowledge gaps. They were scammed. I feel like my history degree is more applicable. At least it taught me how to write decently. Why do these IT BS's exist? It must be just to sell kids another piece of paper. Tech got big enough that the education cartel decided they needed to gatekeep it.
