The NEXT debt crisis!

To combat the next American debt crisis, the College Crisis, I foresee in a few decades we will have a whole new sector in the education industry, targeted skills training.

The goal of TST is to avoid both the hassle and the expense of the "university life" which most students aggrandize beyond its usefulness--sociology degrees don't get jobs, put bluntly.

Instead, educators need to reestablish their ties with industries (computer, engineering, service, construction, etc.) to offer simple apprenticeships to young people looking to get ahead in the business world.

Instead of 4 years of debt for a useless degree, kids as young as 16 can shadow a master in their chosen craft for little or no pay, do whatever work needs to be done, and receive skills training to become journeymen themselves.

The benefits are clear--to the business, cheap labor, voluntarily given. To the apprentice--skills learned, quickly and on the job. The system perfected during the middle ages still applies for us today--we need fewer students ruining their financial portfolios chasing after illusory degrees, and more apprentices in those sectors hurting from low employment, struggling to build capital.