A "buy now, pay later" model is well suited to financing higher education. Commercial bank loans are not viable. Government-backed loans with income-contingent repayment are the fair solution.
College education results in not just better earnings, but better health care and child development as well as political stability and lower criminal justice costs. Should states invest more?
South Africa's educational policies and curricula tend to be biased against rural lifestyles - even though nearly 20 million people live in the country's rural areas.