Thanks Forbes. This article actually makes me proud to live in - TopicsExpress



          

Thanks Forbes. This article actually makes me proud to live in Germany. In a typical economic model for financing higher education, the consumer (student) would pay for the good that it consumes (education) [...] The same can be said about any industry that the consumer is not directly paying for the good consumed, including higher education. (consumerism FTW) Because students are not sensitive to the costs associated with an additional year of higher education they will consume more of it. (oh noes, students might learn TOO MUCH!) Perhaps I’m underestimating Germans, though. Nationalistic pride is historically important, and they recently won the World Cup in “Fußball.” (exactly. Germans, when they do not waste tax money studying useless stuff, ALWAYS watch football while eating Weißwurst in leather pants.) forbes/sites/ccap/2014/10/03/there-is-not-such-thing-as-a-free-college-education/
Posted on: Fri, 10 Oct 2014 08:04:44 +0000

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