Mencius Moldbugman on Twitter: "MBA applications are down too and even business schools are struggling. Rejoice when you hear this, for every less McKinsey consultant in the world makes it a better place for the rest of us. https://t.co/48IHyGS5Sw"

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Mencius Moldbugman‏ @moldbugman Jul 4

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Funding to universities in Alaska has been slashed. $130 million has been denied to the Uni of Alaska. This means faculty layoffs and closing its 13 community campuses. Look at the physiognomy of this woman.https://www.npr.org/2019/07/03/738569508/university-of-alaska-readies-for-budget-slash-we-may-likely-never-recover …

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Mencius Moldbugman‏ @moldbugman Jul 4

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Uni of Alaska President James Johnsen said “There aren't any nickels and dimes laying on the floor anymore. It has to be – to borrow a medical term – amputation at this point." Excellent! Sever the diseased organ to let society recover. Again, check out the weak physiognomy.pic.twitter.com/U9vtAaYRup

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Mencius Moldbugman‏ @moldbugman Jul 4

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South Dakota recently passed a bill demanding “intellectual diversity” at its colleges. The bill orders universities to protect free speech, including speech that may be “offensive, unwise, immoral, indecent, disagreeable or conservative.”https://www.insidehighered.com/quicktakes/2019/03/21/south-dakota-passes-intellectual-diversity-bill …

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Mencius Moldbugman‏ @moldbugman Jul 4

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The bill had been stalled but was revived amid a debate over a "Hawaiian Day" party planned by University of South Dakota students, an event whose name was changed to "Beach Day" after an official told them their theme violated rules about inclusiveness.https://www.insidehighered.com/quicktakes/2019/03/04/debate-over-hawaii-themed-party-u-south-dakota …

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Mencius Moldbugman‏ @moldbugman Jul 4

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This article tells of Newbury College - a small liberal arts college in Massachusetts - closing down. There’s a lot of hand-wringing here but inbetween the lines notice the usual ills of the education sector: inefficiency and greedy over expansion.https://www.theatlantic.com/education/archive/2019/06/what-its-like-when-your-college-shuts-down/591862/ …

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Mencius Moldbugman‏ @moldbugman Jul 4

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Greed is common to colleges. Not content to enforce their state-backed credentialism on a generation or go begging for funds to spend on society-wrecking “research”, they’re also happy to ignore domestic students & expand recklessly to create room for higher fee paying foreigners

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Mencius Moldbugman‏ @moldbugman Jul 4

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Nearly every higher ed institute now depends on Chinese students who pay much higher fees in exchange for an overseas education. But the Chinese are wising up. Why spend all that money sending your kids to a college in the US when all they will learn is hookups and poopdick?pic.twitter.com/AKOzHjR91M

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Mencius Moldbugman‏ @moldbugman Jul 4

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Some colleges like to blame Trump for this and say that he is making foreign students feel unwelcome. Wrong. It’s simple economics. Colleges in Asia are rising in standards, American colleges are lowering. It’s cheaper and better for many to stay at home.https://www.nytimes.com/2018/01/02/us/international-enrollment-drop.html …

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Mencius Moldbugman‏ @moldbugman Jul 4

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American students are wising up too. The numbers no longer add up. The debt burden of student fees and loans are no longer a worthwhile risk when degree value has been diluted, tertiary education has been pushed to everybody with thumbs, and campuses turn into brainwashing camps.

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Mencius Moldbugman‏ @moldbugman Jul 4

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Nearly half of all US colleges will close by 2030. Some of this is due to the reasons above, but it’s also down to a “winner takes all” economy. Increasingly, if your college isn’t Harvard or Yale, your degree holds far less value in a nepotistic economy.https://www.forbes.com/sites/michaelhorn/2018/12/13/will-half-of-all-colleges-really-close-in-the-next-decade/amp/ …

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Mencius Moldbugman‏ @moldbugman Jul 4

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MBA applications are down too and even business schools are struggling. Rejoice when you hear this, for every less McKinsey consultant in the world makes it a better place for the rest of us.https://www.insidehighered.com/admissions/article/2019/02/04/new-data-help-explain-decline-mba-applications …

8:31 AM - 4 Jul 2019