I want to call out the president on another aspect of this.
He states that investing in a college education is a sound investment. He states that we need to produce college graduates for our economy, etc. (paraphrasing things he has said)
But it all depends what degrees students get. Liberal arts degrees, humanities degrees, degrees in fields such as women’s studies do NOT qualify for you a job based on your degree.
There are many college graduates working in retail stores and other such places, where they could have gotten jobs without the college degrees they possess.
So many students get degrees in field which do not lead to jobs and career paths, that I think we should question the entire notion of government backed loans to enable students to get degrees in fields which won’t help them. Or help our economy grow, which is allegedly a goal of Obama in producing these college graduates and subsidizing their education.
-—He states that investing in a college education is a sound investment. He states that we need to produce college graduates for our economy, etc. (paraphrasing things he has sai-—
I think he truly believes this because he is a higher ed hothouse flower, never having held a real job.
Plus, he doesn’t seem to be too bright.