You would be amazed at how quickly schools would improve if they only got paid tuition when students are successful
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As a student you only have one shot, and very limited information around careers/job markets. Student loans could financially ruin you *forever*. Institutions have resources to research job markets very thoroughly and portfolio theory.
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These are the same forces that limit entrepreneurship/ business formation. Gotta break eggs to make an omelette.
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Which is why VC and YC can be great
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100% agree. Also love the idea of lower cost of living to allow them the runway to learn. Fremont, NE would be a great place to look at...
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c. 3 days ago, my brother-in-law, a Florida sheriff's deputy, told me he would get a significant raise if he got a (fully-reimbursed) Master's degree. He won't do it, because he hates the idea of going back to school.
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My prediction: Lambda change the world for the better and make a profit. I would invest in that.
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A similar system exists in the UK. Lots grumble about it but it levels playing field
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It also takes a long time. College is minimum 4 years, but probably 6 years needed to get masters and good job for average student. 6 years is forever!
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would you see this as path for high school students to bypass college altogether ?
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