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From here: Public vs Private Colleges: What Is the Difference?
The principle fact of the matter is that at the post-secondary level the educational-capacity of a public-school is as good as a private-school. Private schools may indeed have public-recognition of being better. Who wouldn't like to tell the world that their degree is from Hah-vahd?
But the fact of the matter remains this:
*A post-secondary education has become the principle means to assure one's employment at a decently good salary. (Largely due to the fact that lower-end Manufacturing jobs have since the 1990s gone to China and Central America.)
*A nation that prefers to spend billions of dollars "protecting the nation" when there is no war rather than provide a public-option nearly-free post-secondary education will never reduce the far too large percentage of the population that remain at the lower-income level.
As shown here:
Prestige
Public Schools: Though there are some schools that can rival the reputation of private colleges, the public universities tend to fall a little short ... for various reasons. Though the education received at public schools is not less than what is provided by a private school, the recognition is not always there. It tends to be a little easier to gain acceptance at a public university, but that doesn’t make it any less valuable an education.
Private Schools: People tend to attach greater prestige to private colleges. They often (but not always) have some of the best professors working for them. The fact that most classes are taught by tenured faculty rather than graduate students or adjunct professors helps people feel more comfortable about the quality of their education. When it comes to academics and research, most people recognize private institutions by name: Princeton, Yale, Harvard, Stanford, John Hopkins, etc. It’s harder to get into schools like that, which enhances their reputation as being the best. It can also lend their graduates an air of credibility.
The principle fact of the matter is that at the post-secondary level the educational-capacity of a public-school is as good as a private-school. Private schools may indeed have public-recognition of being better. Who wouldn't like to tell the world that their degree is from Hah-vahd?
But the fact of the matter remains this:
*A post-secondary education has become the principle means to assure one's employment at a decently good salary. (Largely due to the fact that lower-end Manufacturing jobs have since the 1990s gone to China and Central America.)
*A nation that prefers to spend billions of dollars "protecting the nation" when there is no war rather than provide a public-option nearly-free post-secondary education will never reduce the far too large percentage of the population that remain at the lower-income level.
As shown here: