https://www.nytimes.com/2023/09/05/magazine/college-worth-price.html?unlocked_article_code=5h11Lg7SmDtiOuDcsqbAD3OPYibGK_VcdrwoqDcaGwfq3WU032w92-8y7aaV03yhte3GRDgxCEUaDueF-Yc5VX860FJGT6iFyHoSgEUQPzCbCpms9jPwKH8tagrhD7J6D0vVBVuuSrdPT6-rT92VvPu1zXGj0CW6yXQuCqwVIXGRE_JW6zND28_bGRO0runTQF05x26YlnTARRSQNeJldyIlEsqOnr1qwc5KxJTOmc9Y7KeoIQrXuT3Adx73h1FpEhAnxdUndme21XllMws7QNtkva-ZSDNG1MwTr5ZemIu9olN53I-yEGRgjkqyudmg1o4gpYMtVquM-m1fqfM&smid=url-share The TLDR is that the price of college has risen too high for students to see it as a good investment. That is probably a confluence of factors including the easy access to government-backed student loans and the sharp decrease in state and federal funding of universities since the 1980s, combined with the number of students who don't graduate. Interestingly I saw this, "In Canada and Japan, public-university tuition is now about $5,000 a year. In Italy, Spain and Israel, it’s about $2,000. In France, Denmark and Germany, it’s essentially zero" This is inaccurate. When I was attending a B&M university in 2016, the tuition was closer to $7,000. York University today is between $7K and $12K: https://futurestudents.yorku.ca/financing-your-degree/tuition-fees University of Saskatchewan: A little over $7K for 30 credits per year: https://students.usask.ca/money/tuition-fees/undergraduate-tuition.php#UndergraduatetuitionratesSeptember2023August2024 Athabasca University: $8400 for 30 credits per year for Alberta residents: https://www.athabascau.ca/scripts/student-academic-services/tools/course-fee-calculator/index.php Perhaps only Quebec has tuition as low as $5K per year. This is the Gell-Mann amnesia, where I can't know if the rest of the article is accurate because I've landed on this inaccurate information but I'm going to trust it anyway.