Quote:
Originally Posted by formula72
I'm not sure what you're saying here. Are you saying that those with lucrative degrees who are making less would reduce the cost of living for others because they don't have the spending power as before? I would imagine that the opposite would happen, but it would be fairly insignificant either way.
Cost of living would go up across the board but especially for students and those in areas where students are benefiting from a lower tuition and an increase in disposable income that are now able to put more money towards their living arrangements. We saw this after covid on a larger scale. It would still be +EV for the students to reduce tuition but you're still stuck playing a game of Whack a mole no matter what you do.
I’m not sure about that .
Gdp keep going down because of the ever increase of debt right ?
If u have lower tuition cost , maybe it would help them being more productive ?
For now inflation created by increase of debt just to cover everyday expenses is terrible and it’s been going for decades .
Maybe it’s time to try something else ?