Why students should pay their own darn university fees

marriagemarket.jpg

We know very well that, on average, a university degree increases lifetime income well above the cost of gaining such an education. It's therefore not entirely absurd for us to suggest that those who capture that higher income should be the ones paying the fees to gain the certificate. We also know that part of the reason for greater household income inequality is assortative mating: now, more than was the case, the professionals classes marry other professionals and so on. At least part of that greater household inequality is coming from the fact that we're stratifying into two high earner households, two middle income earner households and so on, all the way to two no earner households, in a manner that hasn't been our historical experience at all.

What we weren't aware of is quite how closely these two points are related:

A study of Denmark by Gustaf Bruze, a researcher at the Karolinska Institute in Stockholm, showed that about half of the expected financial gain of attending college derived not from better job prospects but from the chance to meet and marry a higher-earning spouse.

Agreed, it is some time since we essayed forth into the dating market but we do believe that it's much the same as it ever was: people pay for the services of dating agencies. Given that universities now are functioning as dating agencies for those seeking a potentially high earning spouse it seems entirely reasonable to us that those seeking that higher income and economic status who should be paying for the service.

Why should the rest of us be paying tax to aid the ambitious in finding a highly paid spouse?

Previous
Previous

The perils of a country over run by cocaine fiends

Next
Next

The FTSE 100 is entirely useful, as long as you know what you're using it for