Now that universities are empty, let’s take a sec to recognize just how amazing it is that every skillset takes exactly the same time to acquire. Want to be an Engineer – 4 years! Historian – 4 years! What are the chances of that happening? Don’t know, but Statistician – 4 years!
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Replying to @romanyam @Jonathan_Blow
I learned a lot more than just my major in those 4 years.
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You shouldn't have to learn more than your major. If you could be done in 3 years instead of 4, then you'd have 1 year of income vs. 1 year of tuition. 50-100k difference between the two.
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Replying to @Jonathan_Blow @CasualSquirrel and
When is someone going to coin the phrase "College-Industrial Complex"? OK, never mind, someone already has: https://www.google.com/search?q=College-Industrial+Complex …
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Replying to @cmuratori @Jonathan_Blow and
If capitalism is the solution, there should be a lot of cheap colleges out there that competed with high quality at a lower price.
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Replying to @Sol_HSA @Jonathan_Blow and
Capitalism is only a solution when an actual functioning market can be created (apologies strict libertarians, I'm not with you on this :) College is like mattresses, health care, home furnishings, municipal construction, etc. - huge, expensive, and with a slow feedback loop.
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Replying to @cmuratori @Sol_HSA and
So capitalism _might_ eventually solve the problem, but only to the extent where a healthy market appears alongside (say, internet-based instruction), fosters real competition and gets great, and then actual colleges go away.
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But capitalism can never solve the "college sucks" problem in and of itself, because the entire structure of the current market precludes the market conditions you would need for that to happen.
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