Why Is American College So Expensive?

Get your first month of Audible completely free! Visit https://audible.com/secondthought or text secondthought to 500-500 Why Is American College So Expensive? – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every Friday! Citations and Further Reading: Reagan killed free college https://theintercept.com/2022/08/25/student-loans-debt-reagan/ https://www.reaganlibrary.gov/archives/speech/january-17-1967-statement-governor-ronald-reagan-tuition https://www.counterpunch.org/2022/08/31/why-talk-about-loans/ https://youtu.be/R58Si78N9i4 Loan forgiveness’ $300B cost https://www.bbc.com/news/world-us-canada-62669071 US student loans https://educationdata.org/student-loan-debt-statistics Biden says no free college https://www.forbes.com/sites/michaeltnietzel/2022/02/07/jill-biden--free-community-college-is-off-the-federal-table/ California tuition https://www.dailycal.org/2014/12/22/history-uc-tuition-since-1868/ https://blogs.lse.ac.uk/usappblog/2015/12/26/there-is-no-skills-gap-it-is-employers-who-have-not-kept-up-with-the-improved-skills-of-graduates/ Dartmouth tuition cost in the olden days https://time.com/4472261/college-cost-history/ Current cost of a bachelors https://educationdata.org/average-cost-of-college#:~:text=the%20ultimate%20price%20of%20a%20bachelor%E2%80%99s%20degree%20may%20be%20as%20high%20as%20%24509%2C434 https://educationdata.org/average-cost-of-college#:~:text=or%20%24102%2C828%20over%204%20years War on drugs cost https://www.americanprogress.org/article/ending-war-drugs-numbers/ War on drugs vs. education funding ​https://www.snopes.com/fact-check/california-prisons-universities/ https://www.politifact.com/factchecks/2017/nov/09/delaine-eastin/false-claim-california-has-built-nearly-four-times/ Enrollment rates by wealth https://www.higheredtoday.org/2015/11/25/where-have-all-the-low-income-students-gone/ https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html College background of the government https://www.nytimes.com/2020/12/21/opinion/politicians-college-degrees.html#:~:text=But%20perhaps%20most%20fundamentally%2C%2095%20percent%20of%20today%E2%80%99s%20House%20members%20and%20100%20percent%20of%20the%20Senate%E2%80%99s%20have%20a%20bachelor%E2%80%99s%20degree%20or%20higher.%20%20Yet%20just%20a%20bit%20more%20than%20one%2Dthird%20of%20Americans%20do Nixon quote https://books.google.com/books?id=fJs3AAAAIAAJ&pg=PA3315&lpg=PA3315&dq=We+have+long+considered+our+colleges+and+universities+citadels+of+freedom,+where+the+rule+of+reason+prevails.+Now+both+the+process+of+freedom+and+the+rule+of+reason+are+under+attack.+At+the+same+time,+our+colleges+are+under+pressure+to+collapse+their+educational+standards,+in+the+misguided+belief+that+this+would+promote+%E2%80%9Copportunity.%E2%80%9D&source=bl&ots=ind9NT6NU_&sig=ACfU3U0BJX28ntXTCRn_vUauB7_ECSJJjA&hl=en&sa=X&ved=2ahUKEwiPksW3h_b5AhVDPOwKHXa-CHgQ6AF6BAgGEAM#v=onepage&q=We%20have%20long%20considered%20our%20colleges%20and%20universities%20citadels%20of%20freedom%2C%20where%20the%20rule%20of%20reason%20prevails.%20Now%20both%20the%20process%20of%20freedom%20and%20the%20rule%20of%20reason%20are%20under%20attack.%20At%20the%20same%20time%2C%20our%20colleges%20are%20under%20pressure%20to%20collapse%20their%20educational%20standards%2C%20in%20the%20misguided%20belief%20that%20this%20would%20promote%20%E2%80%9Copportunity.%E2%80%9D&f=false Republican congressman https://twitter.com/repjimbanks/status/1562820837140742144 Free college cost https://educationdata.org/how-much-would-free-college-cost#:~:text=Free%20college%20would%20cost%20on%20average%2067%25%20of%20what%20federal%20tax%20dollars%20pay%20for%20now.%C2%A0 Student debt duration https://educationdata.org/average-time-to-repay-student-loans#:~:text=The%20average%20student%20borrower%20takes%2020%20years%20to%20pay%20off%20their%20student%20loan%20debt. Philosophy vs. welding https://fivethirtyeight.com/features/philosophers-dont-get-much-respect-but-their-earnings-dont-suck/ https://www.cnbc.com/2021/09/01/college-graduate-starting-salaries-are-at-an-all-time-high.html [chapter 7] https://books.google.com/books?id=zeb9DwAAQBAJ&printsec=frontcover Businesses can’t adapt https://blogs.lse.ac.uk/usappblog/2015/12/26/there-is-no-skills-gap-it-is-employers-who-have-not-kept-up-with-the-improved-skills-of-graduates/ Education vs Job Training https://www.tandfonline.com/doi/full/10.1080/17530350.2017.1382384 https://books.google.com/books?id=8cRXDwAAQBAJ&printsec=frontcover Colleges history https://education.stateuniversity.com/pages/2044/Higher-Education-in-United-States.html http://factmyth.com/factoids/state-universities-began-charging-tuition-in-the-60s/ Follow and Support Second Thought! Twitter: https://twitter.com/_SecondThought Patreon: https://patreon.com/secondthought BuyMeACoffee: https://www.buymeacoffee.com/secondthought CashApp: $JTChapman