Topcat
"Around 60 percent of Harvard families pay an average of $12,000 per year."
So still a significant amount and not any way showing that the majority get a free ride.
I never said the majority get a free ride. You made that up.
$12k is about the equivalent of £9k. I personally would rather spend that money on Harvard than almost anywhere else in the world.
"For families earning between $65,000 and $150,000, the expected contribution is between zero and 10 percent of your annual income."
So families earning above the US median household income can contribuite very little. Hmmm.
"Families earning more than $150,000 may still qualify for financial aid."
So families with around 3 times the average American household income can still claim financial aid.
So, as said, most of the aid actually goes to families that are on avove average incomes, with another 40% or so paying full whack.
Now there's a massive failure of deductive reasoning, critical thinking, and basic reading of what was written, if ever I saw one...
What of families earning below $65k?
Wrt your ONS link, you should probably delve deeper - you will find if you examine the links within that page that graduates of RG universities earn more than graduates from other universities.
www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/articles/graduatesintheuklabourmarket/2017#graduates-from-the-top-uk-universities-were-earning-more-than-graduates-from-other-uk-universities
Those devaluing degrees from institutions that aren't as highly regarded do so because it suits their snob appeal values. Not because educating yourself to the best of your ability is not worth while
Educating yourself to the highest level your ability can handle is of course worthwhile. You have to ask yourself, if the highest level you can attain is English Lit at a poorly regarded institution, if your time could be better spent elsewhere. You should really be asking whether other people's money could be better spent elsewhere, for instance on a beefed up technical sector. That gets looked down on because there is a prejudice against technical education.
The only reason higher education has to take place in an institution called a 'university' is snobbery. Snobbery on the part of policy makers, to be sure, since many of those signing the dotted line for loans know no better and clearly have not thought out the ramifications of their debt either individually, as a chunk of the national debt, or as a potential package to be sold off to pay other bills. 'University education', at virtually any university, has been sold to a generation of students as a desirable end, with little or no regard for the eventual employment outcomes for those students.
They have been sucked in as contributors to the massive student loan portfolio plum the government is busily creating with sale in mind, just as sub prime mortgage holders were sucked in before the crash a few years ago.
A huge cohort of people under 35/40 are about to find out that short term 'happiness' comes with a very steep price.
The idea that the only thing to take into account when sending a student off to university is whether they are happy beggars belief.
The 1st two years of any college undergrad degree [in the US] are more like A levels.
This hoary old chestnut - trotted out by people who know very little of highly selective US universities, let alone the Ivy League - doesn't get truer with repetition.