There is no free lunch, in Europe health care and university education are almost free but personal income tax rates above 50% and 20%+ VAT in some countries.
While in the US the tax rate is around 35-40%, then you pay 12k a year in health insurance if you're in great shape and you pay 250k for your kid's college education.
%% THAT; + Mr Biden has such a good track record of being overruled by SCOTUS. Maybe months after the election, SCOTUS smacks down that nonsense + the borrowers now owe much more interest.........................................................................
I have no problem with that if he does what he likes best working as a plumber and pays for extra knowledge to run a successful business.
Truth be spoken. Being a generalist, doesn't make much sense to a specialist. However the ability to see relationships in seemingly disparate fields of human endeavor is more a superpower than a liability. It's a increasingly appreciated set of skills.
I have no problem with a generalist, but not every field of study he or she decides to pursue should require passing exam and scoring academic points. It's not necessary to be a successful generalist.
I'm wondering, for those who did pay their own debts, do they get something compensated pro-rata, or are they really double-penalized? First, they get screwed for being the responsible party and paying their own debts, then they get double-screwed by having to PAY for everyone else's irresponsible debts? How is that fair?
That's a different subject and one I can agree with you. Too often in Europe a diploma or degree is required to do something that could be learned on the job in 1-3 months. I know someone in his late 50s who lost his job. In order to continue getting unemployment benefits he needs to get a job or retrain. Since he is a nature photographer as a serious hobby, he thought operating a drone would help him with creating a related business, so he enrolled in a 12 weeks class to be a certified drone operator. I looked at his 150 pages class manual which is incredibly detailed, encompassing meteorology, electrical engineering, flight regulations and laws, etc as prerequisites to hands on operating the drone. He will be tested and must pass the exam to become a certified drone operator. I laughed it off as another crazy certification European are known for because in the US you just buy your drone, figure out how to operate it and that's it. We call it freedom from government regulations. But come to think of it, wouldn't you want someone operating a drone as a business to have the "expertise" to assist a customer with whatever project? I bet European in the room would think yes, while Americans would only care about the end result...