(warning : I made this a fucking research paper just to prove my point)
no my arguement is if ur paying for college should u do some research and find your interests before you choose a degree imo thats the most responsible thing to do .
In germany its free but to my knowledge in other countries its not like in the UK top school charge 20k/yr or more
From what I know the tech sector in EU has completely failed except for germany
I dont think the financial sector is doing well
Like every year I in the US, India, Japan or Singapore I hear abt an insane startup which is doing very well and has changed the lives of many ppl or giving many ppl jobs .
Dont you think the entitlement policies like free college , free healthcare which ppl have to pay for , innovation has been driven away yes innovation might not always helping you in your life but it can give so many other ppl jobs and other ppl might find their products helpful.
You are exagerrating thr numbers quite a bit the top 45% in the US makes 75k/year after taxes that is 55k to 60k depending on the state . I asked ChatGPT to categorise all the major US cities based off of comfortability and the definition of comfort being paying all the necessary bills like insurance , utiities and groceries , eat out once a week and spend 100USD , car payments (including gas), invest a little here and there and go on vacation once/year is what it said
If ur a renter (1BHK apartment)(all major cities btw)
1)you live a very comfortable life in 35-40/75
2)you live a moderately comfortable life in 15-20/75
3)you live a tight but doable life in 10-12/75
4)you live a hard life in 6-8/75
5)you live a nearly impossible lifestyle in 2-3/75
and if ur on a morgage(the typical american home btw not an apartment)
1)you live a very comfortable life in 25-35/75
2)you live a moderately comfortable life in 15-19/75
3)you live a tight but doable life 10-12/75
4)you live a hard life in in 6-8/75
5)you live a nearly impossible lifestyle in 2-3/75
ok the top 5 guys in your sector naturally you will become a billionaire especially a consumer based economy like america
It profits the country more than u think while not being as direct as you think like you need that billionaire to get that extra billion with that extra billion naturally the margins will be higher and if the margins keep increasing each quarter they will bring in more investors and they can then use the money to pivot to new projects which adds more jobs to the job market .
and even lets say a person is a real estate billionaire he will use most of that billion to buy real estate same with the venture capitalist billionaire
which contributes to ppls lifestyles and more employment
This might sound like a dumb arguement but its not whats a common man gonna do with 1 billion prolly spend it all atleast when a billionaire has a billion he will put it to good use . Like so many ppl when they win lotteries burn away lots of money cuz they didnt gain it themselves . When is the u last time you heard a billionaire lose all his money away from gambling I have not but how many times have u seen a common man gamble all his lottery winnings / bonuses a lot so ya .
sry for a literal research paper but I wanted to make my point clear