1. For education to be a monopoly, it has to be a FOR PROFIT organization. Education in the U.S. is not a business. It is govt-run, as I just explained above. Your understanding of economics leaves much to be desired.
2. Again, education is an
investment in your future. Especially now that a bachelor's degree is required for pretty much any type of
job. I don't even understand HOW children could "mortgage their future."
3. "Their education cost
billions of dollars"--
hardly. See #2 above.
4. Your argument is that education rarely makes anyone's future better. According to
this research (which is taken from
this), and
this, the percentage of people with a bachelor's degree or higher is increasing rapidly. This makes the job market a lot more competitive. While this should not be considered a "racket," it just goes to show that educational attainment is on the rise. I think that's what you meant when you were talking about people without high school diplomas not getting very far in life. Education is a real thing. It is truly valuable. It is not a conspiracy, and it
does pay off.
la fin