Agree, I’m not sure I can advise my children to go to university unless I’m also offering to pay for fees and accommodation. What makes you say a) though? From where I’m sitting organised religion is doing just fine on most of Earth.
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Participation in the US went from approximately hegemonic, particularly in some social classes, to very-non-hegemonic, very, very quickly.
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For anyone wondering (like me) what a “preference cascade” is… https://www.quora.com/What-is-a-preference-cascade … :)pic.twitter.com/owWt1Ruuqq
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I get why everyone assumes perpetuation of the status quo, because that's a fundamental bias. But somehow I expect that a generation shafted by student debt might have some secondary impacts when they start advising their own kids (and for that matter, younger siblings).
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Education boom happened because it was well-funded and a socioeconomic mobility vector in prior generations Now it's poorly funded and an inescapable debt shackle It doesn't take advanced economic theory to figure out the general direction things are heading
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Disagree: There's a preference cascade for *some* university degrees... and it's already here. The number of Canadian undergraduate students in Humanities "Bachelor's degree or equivalent" programs has dropped by 20% in the past decade.pic.twitter.com/twnYL6adGg
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Notably, this collapse *hasn't* happened in other programs. It's almost as if people are recognizing the difference between programs which impart significant information (engineering, medicine, mathematics, etc.) and those which simply certify an ability to check off boxes...
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I feel this way too. Every time my husband talks about our kids and college I’m all “if that even matters in the 13 years between now and then”. I don’t believe it will.
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Less extreme version: people will be more value-oriented with selection of university/degree. No reason to pay $200k when you can get same quality ed for $50k. But then, college was never 100% about class/learning. Access to networks matters a lot, too.
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That's Harvard's true selling point. It's not the knowledge; it's the connections.
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