The Bay Area May be the best example I’ve ever seen of how sticky network effects can be. Everyone in SF/Silicon Valley realizes how absurd and broken many things are here. Yet if you look at how people vote with their feet and dollars the vast majority just stay.
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I suppose you could say that criticizing the notion of higher education is a defection but that's a socially sanctioned defection and so no defection at all; the costly version would be something like e.g. publicly burning my degrees or notoriously refusing to fund kids' degrees.
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University can be a great idea from an individual's point of view but still a waste of money from society's pov. See
@bryan_caplan's "the case against education"Thanks. Twitter will use this to make your timeline better. UndoUndo
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