Reply to post: Cost of Education versus Return through Employment

Microsoft: Give us better staff

Anonymous Coward
Anonymous Coward

Cost of Education versus Return through Employment

You guys are missing the big picture!

So, American employers (Mega-Corps) want top quality grads from American Universities. Well, then they are going to have to help change the education system by increasing the tax base by paying higher levels of taxation, not off-shoring money and reducing payouts to their higher level executives. Countries that are successfully educating people seem to have universal childcare and education from Kindergarten through University, and in many cases single payer healthcare. Bernie Sanders repeatedly says look to Denmark for examples of how Government should work for its Citizens and think that's a good example, although not the only one.

Universal education and childcare that makes those jobs reasonably paid work is a start. America is in the lucky position that it has a large population and still a huge economy, despite the best efforts of the 0.01% to suck it all up to themselves, and so there are still people below the 0.01% who can afford to send their children to good schools. I do suspect, however, that there is a decreasing number of people who can and if your child is that smart then that child may enjoy the problem solving involved in CS but understands that they can earn 10X or 100X more money in the financial industry. This has become especially true as the financial industry has become increasingly deregulated.

Free higher education is greatly needed, but it also has to be very strictly regulated so that it is ability based and not old boys networked. This, of course, brings up another issue in that the 1% have always had the advantage of better education from birth throughout life and the old boys network. However, with free higher education those with some ability and desire can close that gap and therein lays the issue of whether the 1% actually want that. It appears that in many developed economies a cohesive society that functions for everyone is less important than keeping the wealth at the top and largely in the same hands that it's in now.

Oh, while I'm at it I should mention that no nations Federal Reserve, or equivalent, should be in private hands. :)

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