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The expense of higher school education in the US is enormous

The increasing cost of higher school education in the United States is far outpacing inflation and at some point it’s going to become a serious enough problem that the country as a whole suffers. If you come out of school carrying $250,000 in debt that’s likely bigger than your first mortgage would be, which means you’re not going to be able to buy that house. In an economy that’s largely built on citizens buying houses and borrowing constantly against those houses that’s a problem.

The high cost of school education at the higher levels also means greater pressure to find a job that will pay down that cost. It means fewer people working in the public sector or for charities. It means more stress for those people that are seeking jobs, which means a lower happiness level across the board.