re: #84 sattv4u2

Not really (again)

My parents (very middle class at the time) had to go in debt to send me and my older sister to college. I was accepted at MIT but couldn;t go because of the costs. The college I did attend was in state, middle of the raod tuition wise and my parents still had to borrow to send me

((parantheticaly ,, I started college in 1971))

OK, but now they have to borrow more. The cost of college has been passed on to the individual, which basically means that there is less redistribution of income going on (there is also a problem that it is very hard to do cost control in higher education because of the way that the industry is (not) regulated, which is another complex piece of the puzzle).

So, crudely, it comes down to: how much should CEOs have to pay for the education of people whose education, in part, makes the companies they manage productive?

Got to go now…