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In reply to the discussion: It's not like people are forced to take student loans. [View all]lumberjack_jeff
(33,224 posts)You're doing it wrong.
You've gotten the "job creator" thing as messed up as any republican. You don't create a job in a given field by educating someone in it. If there are too many engineers, then educating more of them simply drives down wages - eventually reaching the point where it is not economically justifiable to purchase an education in the field. "Education for it's own sake" is a deception that simply delays recognition that the point of negative return has been reached, and creates more victims in the interim.
A labor shortage in any field creates increased demand for that labor, which encourages people to invest in that education, and raises salaries so that the student loans can be repaid.
One might want to be a philosopher, but absent an economic justification, it's wankery.