It's hard to run a micro-policy in a contradictory macro-environment.
The incentives (mostly via credit, but also social incentive) for regular college is already super-high... as is the incentive of colleges that receive this credit as payment.
You would need to overcome that with even bigger incentives... creating the same inflation problem, but now for trade schools. If you don't, trade schools have to compete with colleges funded by the ever increasing student loan complex.
Imagine a country that has a suburban housing policy similar to the college education policy. Contractors get subsidies, donations, grants. Buyers have access to easy, no money down, no question mortgages backed by a government. Prices inflate. Houses get bigger. A massive debt pool keeps growing.
You say: "this is really inefficient. Don't some of you want downtown apartments instead?" This isn't going to work while competing with the other housing system... no matter how reasonable the plan is. Throw in a stigma about apartment-dwellers... your plan is now doomed.
Unless students are paying out of pocket (student loan schemes don't count), then you need price controls.
The incentives (mostly via credit, but also social incentive) for regular college is already super-high... as is the incentive of colleges that receive this credit as payment.
You would need to overcome that with even bigger incentives... creating the same inflation problem, but now for trade schools. If you don't, trade schools have to compete with colleges funded by the ever increasing student loan complex.
Imagine a country that has a suburban housing policy similar to the college education policy. Contractors get subsidies, donations, grants. Buyers have access to easy, no money down, no question mortgages backed by a government. Prices inflate. Houses get bigger. A massive debt pool keeps growing.
You say: "this is really inefficient. Don't some of you want downtown apartments instead?" This isn't going to work while competing with the other housing system... no matter how reasonable the plan is. Throw in a stigma about apartment-dwellers... your plan is now doomed.
Unless students are paying out of pocket (student loan schemes don't count), then you need price controls.