College is definitely good for some but it's definitely a waste of time and money for others. Public colleges no longer serve the public and instead serve themselves by getting as big as they can without regard to whether they're doing any good. Getting paid is all that matters to them.
Outstanding college debt is now $1,600,000,000,000. No, that's not a mistake where I accidentally put in too many zeroes. $1.6 trillion is correct. And the people in debt are screaming bloody murder. Colleges point blank badly screwed these people over.
You're right about lots of factory workers have it bad too. They've been screwed over by the people at the top too. For some reason, these struggling factory workers are supposed to help pay off that college debt.
Of course, off-shoring millions of manufacturing jobs in the 1990s via NAFTA and then letting in tens of millions of illegal workers to drive down wages didn't help either.
People are pissed off but the amazing thing is they're not more pissed off than they are.
Public universities had to scramble for $ as politicians/legislators keep cutting their funding.
Hence, them looking increasingly to out of state and international students who pay more.
That being said, tuition costs have been overinflated due to the perception that higher tuition = better school.
Ironically, it's often cheaper to attend a top prestigious, private university as they have much more generous financial aid (true cost of attendance) with a some offering free tuition for families with a household income in the low $100k.
Btw, schools actually make $ from the athletic dept as the AD pays full freight for scholarships, as opposed to the general student body, which on average, gets some sort of discount via financial aid.
The student debt problem is shown by what happened to Sallie Mae, which was once a govt sponsored program to service student loans.
Sallie Mae (now Navient, a publicly traded company) was pressured to go private and for-profit.
It's CEO became so wealthy, that he didn't just join one or several golf clubs in the DC metro area, but ended up building his
own private club in Maryland.
The college tuition problem was the worst when it came to the online, for private "universities."
One would think that these "universities" which didn't have much in the way of brick and mortar facilities/costs would have significantly cheaper tuition, but that wasn't the case.
A lot of these so-called universities would target military and former military personnel who would end up in tens of thousands in debt for what ended up being useless, diploma mill degrees.
Would have been better and a lot cheaper to have just attended the local community college.