this post was submitted on 27 Feb 2024
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In my mind, if a company wants to set a generalized education requirement, above high school, that company should be required to pay off its employees student loans. Otherwise it's using the education system as a subsidized training program.
Note I said generalized. Engineers, doctors, etc who desire to ever be employed can't stop at a bachelor's anyways. Even still, their employees should have to pick up their training tab.
Business has gotten a free pass for 40 years and look at the society they've created with it. Maybe civilization needs more than a love of money to sustain it. Crazy huh.
This would make getting a job out of college SO MUCH HARDER. Companies would do everything the could to get existing employees in the workforce, for whom someone else has already paid off their loan.
Much like cell phone carriers locking you into a contract, companies would try to force you to work for them for X number of years because they paid your loans. I suppose this could work similar to vesting, so it wouldn’t be impossible. But companies would still try very hard not to hire anyone with student loans. It would just benefit the wealthy people who don’t need them.
I guess the real answer is government subsidized college.
Free college.
An investment in the future through rigorous and accessible education.
You know, when the concept of publicly funded education was proposed, it was considered revolutionary and not well supported by some, who didn't like the idea of the costs.
We currently have K-12 in US that's publicly funded education. This idea would essentially just make that K-16.
This video regarding education has always been one of my favorites: https://www.ted.com/talks/sir_ken_robinson_changing_education_paradigms