Funding higher education

Once we're done fixing schools and education to be exclusively about making the best money ... who votes? what do they vote on? and how do they know what they're talking about?

 

Ironic, here you are pointing out what's wrong with "Columbia put its financial priorities ahead of students education" and then suggesting a solution that's the exact same part of the problem.

As if someone wanting to be a medical doctor or school teacher should have their success measured only by how much money they make rather than how good they are at educating kids to be beneficial citizens and ensuring the people's health and longevity? It's total nonsense to think that capitalism/money making is the only measure of success.

The whole notion of "better financial outcomes" in both education and health care by every measure is a long term investment, not a short-term profiteering racket, which is what's wrong with health care and education in the US.

"United States graduates roughly 70,000 undergraduate engineers annually, whereas China graduates 600,000 and India 350,000." Where the Engineers Are

In Germany and many other civilised countries your education is paid for, so is your health care. They do this because it not only lowers costs by eliminating all the exploitive middle men in the transaction but its less expensive in the long run than dealing with the cost of people who turn into braindead Trumpers that try to overthrow the government because they never could afford college and have no ability to tell the difference between truth and lies. Same with the massive cost of people who end up in the hospital with far more serious health issues because they avoided the doctor because they're terrified of going bankrupt from medical bills.

Same with homelessness. In Europe in countries where they got most all of the homeless off the streets by housing them first then helping them get their life together the amount of money per person is far less than in the US where you have to overcome mental health issues of being on the streets and get a job before housing assistance is available, which means most homeless stay homeless. And with not much for mental health services we warehouse the suffering people in jails that cost us more than $50K per year per inmate. It's total exploitive insanity that lacks basic empathy and sets the US up in the long run to be a MAGA nation of cluelessness and hatred rather than intelligence and advancement.

 

I would like to see performance based financial aid in conjunction with need

 

Never thought of that approach. How about free college in exchange for an additional 1% tax on earnings over a working life. And bonuses for high school teachers based on college completion. And for grade school teachers based on high school performance.

 

https://myscholly.com/50-companies-with-amazing-tuition-reimbursement-programs/

Also GI Bill where you can earn 4 years of college for military service as well as learning a career in electronics and other fields while in the military

It would be hard to find a college that doesn't have a work to learn program - at our local university you can perform janitorial, administrative and housekeeping duties to help pay your tuition.

Many companies like Toyota will completely reimburse you for the price of tuition when a degree program is successfully completed.

While attending Engineering school I used a summer job placement program at the college where companies would provide summer jobs in your career field, pay you a very good wage in hopes that after graduation you would commit to come to work for them

 

That's similar to how it used to work, but then the Reagan revolution realized they could strip away all this wealth and share it amongst themselves and as the years went by colleges had less and less federal funding and raised tuition. Then over time the lobbyists of student loans guarantors teamed up with the lobbyist of colleges to create unlimited funding for themselves at the students expense by eliminating students ability to escape debt via bankruptcy and tuition started doubling every few years. Now in the US there's $1.8 Trillion in student loan debt, which means when people graduate from college they're burdened with a home loan worth of debt and have to keep paying rent. So now private equity firms can buy up 1000s of houses a month and bundle them into portfolios to trade amongst themselves.

 

I appreciate being prompted to learn about university costs in Germany:

What Does It Cost to Study in Germany - Study in Germany for Free

I wonder which other countries are similar?

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The top-posted plan would have another outcome not yet mentioned. Among many participants in college athletics, a few end up being way out on the right-hand tail of lifetime income. Some schools would do quite well with that setup. A segment of college athletics already produces solid revenue streams (TV coverage of basketball and football). Whether this new setup would constitute double dipping is in the eye of the beholder. Beviewer?