Because the market wont address the problems in fact the
by wpkirish (2024-02-23 11:54:03)

In reply to: Why not let the market address both problems?  posted by jt

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market is why the problem exists.

The top schools get more and more applications every year for approximately the same number of spots. As near as i can tell in the 40 years since I applied to ND they have added approximatelt 300 spots to the class while attracting 25,000 more applications. The same is true across the board. Around the time I applied to ND UCLA had nearly a 90% acceptance rate. Last year they accepted 12,737 applicants out of 145,910.

The competition to get into those schools drives up the price which drives up the entire market making it more expensive for everyone at every level of school. And I understand not everyone should or needs to go to college but likelwise the trades are not right for everyone either. Not to mention if 25% of college students dropped out and went into the trades the increase in numbers would likely drive down the wages in those industries.


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