alt Hacker NewsWhy should taxpayers pay for jobs training programs? since these vocational students expect to make lots of money with their certificate in hand, they can just take out a loan. this makes an actually rational system where the cost of job training is forced to be commensurate with the economic value of the output after the job program.
OTOH education should obviously be subsidized because it is a public good to have a society where everyone is educated, even though education will have close to zero measurable economic impact on any particular individual, every aspect of society benefits greatly from everyone having access to it.
It's crazy that education has been subverted into vocational training, and now that the transformation is nearly complete people are asking, wait why the hell is there any education going on in these places, aren't they supposed to be job training programs?
The issue IMO is precisely that taxpayers don’t pay, they give out loans. Yes, sometimes those loans are “forgiven”, but only after decades of struggle and distress. And I put forgiven in scare quotes because often the original balance has been paid by then anyway.
Not providing loans for programs that will not provide the means for a student to repay them is the right thing to do, as those loans are a path for the exploitation of the student.