>Yeah, because engineers in Europe and Australia get paid so low right lol?
They actually do once you factor in the associated costs of living. Also individuals with engineering degrees in silicon valley can start immediately close to 6-figures. My cousin in Trondheim makes 403,480 kr ($60,000) and he's 55, finishing up a doctorates in his spare time.
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>Enough people will get competent degrees
Over-saturation of the market will lower wages across the board and is harmful in the long run. Not only is there enough anecdotal evidence to support this, but it's Econ101
>that's why most of the civilized world thinks American college system is pants on head retarded and yet I think it's a good idea
American exceptionalism exists for a reason. Look at the top 10 colleges in the world, notice a similarity? 4/5ths of the colleges on the list, are located in the US. Our quality of education is superior to everywhere else in the world.
>Which was wrong, and has been determined as being wrong by superior education cultures around the world
Surveys involving the quality of college education internationally prove that your point is blatantly false.
>I don't get your tax point
You pay more collectively in taxes in a set amount of time than the worth of your student loans. Just look at these income tax brackets (pic related) and do the math yourself. This is just income taxes. Not the other forms of tax you will be subjected to in Europe that I've previously listed.
>We all pay for the fire dpt and police dpt kiddo, even though barely anybody uses it. That's taxes.
False equivalence and strawman. The police and the fire department is a much needed service to prevent/minimize disasters. I consider the fire/police department a much more important service than paying more in taxes to help you go to college. You're young and you don't understand the world; I get that. Maybe one day when you fully grow up, you'll understand.