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Student Debt is Destroying Education.
Other | Thursday 28th January 2016 | Michael
Crippling student debts have forced anyone with a dream in life to wager their career as a gamble against the Government in a loan.
This wasn’t always the case; university used to be free. With a free university system, the value of a degree is simply in the field that is most interesting to that person.
University was a system by which people studied humanity’s knowledge that was then passed down generations. How else do future societies even know about 18th Century Russian Literature unless a nerd at Cambridge or Oxford studied it? Someone has to.
Instead, we’ve created a whole generation of students who only see learning as a way of making money. They don’t see an inherent value in education, just a means to an end; a consumable product that gets you a job.
As a result, Business Studies degrees are massively popular these days. People want a degree that will help them get on that Graduate Scheme that will set them up for life. Why risk a more niche subject when you’re paying £9,000 a year?
Not only that, but because universities are now designed to make money like a business, their interests don’t lie in actually teaching its students, just funnelling more students into their system to make more money.
So as well as student loans ruining a whole generation’s view towards learning, the one thing which they claim to do, which is to prepare people for jobs at the end, isn’t even true either.
The next generation aren't prepared for the job market, as seen by the rising youth unemployment.
The job market is so competitive now that there is now a lost generation of people who were sold dreams by a career-driven education system, and then rejected by a job market that was still bleeding from the financial collapse in 2008.
There is no place for the hundreds of thousands of Business Studies students who spent months looking at profit and loss accounts, but no time learning to live in the real world.
