Academia

Schools are sadly a high point on the effects of economy being one of the leading sources to most of the populace's debt.

Public and private schools receive funding differently.  Public is nearly all from government funding being mostly through taxing.  Private is nearly all through tuition.  Both have grants for students.  Both receive donations from donors.  Here is where things differ far more.  Private schools have a smaller pool of students and even less needing assistance from grants then public and thus effects the per student spending from incomes.  The kicker here is private schools receive far greater amount of donations and a higher total amount from donations resulting in a far greater spending per student.

There have been proposals to address this off-set balance of donation income which would help lower populace student education debt.

Both suffer from an increased cost of material that both students and staff purchase.

But both suffer from the same issue that nearly every business does, a high pay gap between executives and the next highest paid.

Student loans is a result of the above mess.  These loans are now a life time debt to nearly everyone who has attended college in the past 15 years.  This owed amount is only rising at an incredible rate that is only exceeded by housing and pharmaceutical.

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