Because most people going to college dont actually get assistance. They make too much money. I agree school is way overpriced. Im just saying if you work at McDonald's they help pay for School plus making under 30k you get a ton of school assistanceSomeday I'm going to open a fake TS account as "Private Happy", who is an oafish but friendly imbecile, congenial, but completely out of touch with reality. Then, I'll freely be able to talk out my a**, making posts which have no basis in fact whatsoever...
But for now, I'll post as myself about student debt: This from "the Economist":
The Economist reported in June 2014 that U.S. student loan debt exceeded $1.2 trillion with over 7 million debtors in default. In 2014, there was approximately $1.3 trillion of outstanding student loan debt in the U.S. that affected 44 million borrowers who had an average outstanding loanbalance of $37,172.
More directly to the issue of "almost free schooling":
Community College of Philadelphia seeks to make a college education accessible for all students by offering affordable tuition rates. These tuition rates vary based on residency: Philadelphia residents pay $159 per credit hour. Other Pennsylvanians pay $318 per credit hour plus a $10 nonresident capital fee per credit.
Community Colleges are more or less "13th & 14th grade".
But, I guess in some way you're correct, you can always default on your student loans
Delving further along with (y)our reality check:
The average cost per credit hour is $594. After calculating the average cost per credit hour forcolleges across every sector (including private and public, for-profit and not-for-profit, and two- and four-year colleges), the typical cost of a college creditcomes out to $594.46.Jan 24, 2018
And of course, the obligatory link to my source: