I agree with this. Earning a college degree no longer gives young people a step function advantage over others their same age.
Colleges won't follow the lead of Vo Tech schools and publish a pay back estimation for trade school education costs. They don't want this information visible. Most college degree programs, with a heap of student loan debt acquired upon graduation, will require over 20 years to achieve payback. Many will never achieve payback!
Colleges and universities need to reverse the trend of stock piling endowment funds (tax free by the way), and begin using that money to make tuition more affordable, and coach students away from non income generating degree programs if they are using student loans to fund them.
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