It’s obvious to many people that something has to replace research universities, or at least supplement them, because they don’t work well anymore. However, no one has more than a vague sense of what that might be.
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One Thiel fellow actually then got a Hz fellowship, but, lacking an undergrad degree, couldn’t enter most PhD programs. Fortunately, a non-traditional one took them. But that’s just one case.
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Back in the Good Old Days, you could get hired even as a professor without having a degree. That’s unimaginable now.
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