What is your point? What does people making 6 figures on this site or 7 figures on some other site matter?
Is what I'm writing true or not?
Is what I'm writing true or not?
No, people are willing to have the government pay a lot of money for those courses, in the form of financial aid. People who actually have to pay for the courses themselves are far more likely to study something with actual practical value.
This is true. But why is the minimum qualification a degree? For some jobs that qualification makes sense; but there are many for which it doesn't, yet it is still considered a minimum qualification. The assertion that this state of affairs is largely due to the fact that college degrees are subsidized--many people can get them without having to pay for them themselves--is certainly not original with me; economists have been making it for decades.
Where exactly did I write that it is (morally) wrong to push for a higher minimum wage? I am not writing that it is wrong to push for $15/hour. I'm writing on why American workers have a hard time competing with people in Asia or South America, many of whom work for $15/day. That's why, among other things, companies are leaving for Mexico or Vietnam.
Students are taking huge government-backed student loans, so that they can go to college and study sociology/gender studies(or some other worthless field) and then get a job in the government or non-profit. Do you see the circular nature of that?
My point is that most people(except some spoiled & stupid rich kids) who are studying sociology now would NOT do it in a truly free market environment, because:
a) There wouldn't be many government jobs or government-inspired jobs waiting for them. b) 18 yo couldn't get student loans to study these subjects. Why? For the same reason homeless drug addicts aren't getting $10 million loans from banks. It's a bad investment for a bank to give unreliable people money. Likewise, sociology(or some other worthless field) majors couldn't get a loan, since their earning potential is very low. c) No welfare. Since there wouldn't be welfare checks to fall back on, most people would think twice about what to study and their choice would not be sociology.