If you want to open a can of worms, try to figure out how much Washington spends each year sending people to college. As is usual in Washington, there are numerous programs, each of which has its own name (usually that of a former politician), each of which has different rules and regulations, some of which are bizarrely accounted for (in a financial sense). Even the 'watchdog' organizations can't always figure out the answer to this simple question, and that's their specialty. We don't have to know the details, however, to know this - the cost of a college degree has gone up 1120% in the last 30 years, and student debt now tops $1 trillion - more than total credit card debt. Surely the government has to do something about this, right? Well, yes, it does. It has to stop driving up the cost of college tuition by subsidizing it! Don't get me wrong - I think college can be a very valuable experience for some people, sometimes. But couldn't we knock off those first two years of binge drinking - or at least quit charging tuition to participate in it - without much loss to society? The economics is simple. When goods are subsidized, people consume more of them. When the government subsidizes education, people consume more of it and - quelle surprise! - the people who provide it are able to ... jack up their prices! Which is exactly what has happened. Congress tells young people they 'have' to go to college, then writes them a big check to do so. When many of those students graduate they find themselves with a huge debt load and a piece of paper that won't get them a job they couldn't have gotten with only a high school diploma. Let's solve the higher education problem the simple way. Get the government out of the business of subsidizing it. Quit telling everyone they 'have' to go to college (don't you think people can figure that out on their own?). And let the private market for higher education figure out the right match of quantity (students) and price (tuition) that will provide the most value to everyone.
Students like short videos, so this is for them.