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That's why I included "trade school" and referred to it as "post-secondary education" to include colleges and trade schools.
Thanks for the input.
Not everyone should undertake post-secondary education to begin with.
You don't learn to be a good real estate agent by learning real estate in school. You learn that by going out and selling real estate.
Get Government money out of higher education, and have alternatives to higher education, and you have millions of consumers saying "I'm not paying that".
No, your car, your checking account, your bank account, your retirement account, the furnishings in your home, and the very clothes on your back are also assets.
Nothing is stopping you from setting up a 5 year $80K trust fund to pay for post secondary education for unknown, unrelated individuals.
All of my "assets" are worth about $120,000. And I would gladly give up 80% of my assets for five years if it would mean that everyone in the USA could receive the education of their choice for free.
Not everyone should undertake post-secondary education to begin with.
You don't learn to be a good real estate agent by learning real estate in school. You learn that by going out and selling real estate.
Get Government money out of higher education, and have alternatives to higher education, and you have millions of consumers saying "I'm not paying that".
Interesting example. You have to take courses to legally sell real estate, and be licensed.
Dunno about all this, but I did hear a comment that if Elon Musk and Bill Gates wanted to REALLY help they could start a free accredited online college.
And that's true; they could. Actually a small tuition would be in order, but it could easily be done. But it would only be marginally successful because it would deprive youngsters of "the college experience". So few youngsters would go. The people who would sign up would be the 25 year old group who has matured and has come to see the value of a college degree.
It is your belief that this was an apples-to-oranges comparison, that reveals your astounding ignorance of the nature of money, the actual purpose and use of investment (by the person who earned the money), and the actual result of your scheme.
People who are worth over 18 billion don't have to work to earn money. The money is earning the money.
Dunno about all this, but I did hear a comment that if Elon Musk and Bill Gates wanted to REALLY help they could start a free accredited online college.
And that's true; they could. Actually a small tuition would be in order, but it could easily be done. But it would only be marginally successful because it would deprive youngsters of "the college experience". So few youngsters would go. The people who would sign up would be the 25 year old group who has matured and has come to see the value of a college degree.
The equivalent of two years post high school education cost should be essentially as free as k-12. I don't think that necessarily applies to room and board. Community colleges and trade schools should be free. Some are now.
None of those courses teach you how to actually sell real estate.
And no, that education should not, under any circumstances, be free. Make something free and the value of that thing adjusts to reflect the price tag.
The thought experiment as stated in the OP is only addressing the needs of those who want a post-secondary education without having to take out a loan. Your realtor example is not relevant to the discussion.
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