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That one is actually weird.
People with more education draw higher salaries. That only works because employers make a higher profit with better educated people. Which means that for profit-maximization, you want to have a pool of potential employees that is maximally well-educated on the expense of someone else. Note the push for more STEM graduates.
You'd think businesses would be all for tax-funded education for everyone.
One can argue that we have two kinds of capitalism. And that would be true for the classic, theoretical capitalism.
However, the modern one favors short term profit and stock prices. Which do not care if economies collapse in 20 years due to global warming, as long as the profit is good now.
The business of student loans is far too profitable and powerful to just quietly go away in favor of your thesis.
I do like your thought process though.
More than this. People from different countries with qualifications are often denied to transfer their qualifications. We are missing out in more than one area here.
We can also say this is a failure of culture too. Let's take a look at doctors: why do they need so much education in the form we do it now? You, dear reader, could almost certainly do a doctor's job after a couple years of apprenticeship, even if you aren't very bright.
Not that I'm anti education, i think everyone should have a broad education that is at the very least more comprehensive then what we currently have in America.
I kind of get the point you're trying to make but I very much disagree. This line of thinking is one of the reasons US healthcare is so hellbent on pushing PAs and NPs to fill the doctor gap. And it's not working because there is no substitute for a well trained doctor or specialist.
Why would the elite class want the plebs to learn medicine or law?
Just you try and open a state law school or med school in these times. It might work out but private interests are going to fight it with full force. It'll be a constant corporate media backlash about the state doesn't need any more lawyers and how much tax money it will cost.
Fighting stuff like this is why they buy tv stations and newspapers
Please. Think of the shareholders!
Was much better before capitalism.
"Passion"... What a concept!?
Is it capitalism, or is it the way non-profits budget in order to stay non-profiting when there's some windfall revenue? Seriously stupid if anyone doesn't know: schools will burn money and hire excess staff JUST to keep from having a profit at the end of the year - and then the next year they need to either hit the same numbers or get rid of people and programs. Tuition can only go to the moon as long as every penny of unspent money must be both spent this year and replaced again next year.