Universities are backing themselves into a dangerous corner by becoming more expensive at the same time they're becoming less necessary.
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not necessarily, at least at the high end (ivy league etc), they just become fashion brands like Gucci, Prada, Vuitton. Being expensive is a signifier of taste.
There's the opportunity cost though. Ambitious people will want to get on with things. And if the ambitious people leave, the brand craters.
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Plenty of people under the age of 22 need to grow into the stage of "get on with things". Universities can be a good place for that.
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Yes, that's true. It's hard to predict how this all plays out.
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America is becoming more and more a classist society as wealth inequality swells to historically unprecedented levels — a new gilded age. And “where” your degree came from is a strong class signifier for this gilded age.
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I'm wondering about that. Tech seems to have created the sort of upwards mobility you wouldn't have had at any point in history and those people don't tend to seem the kind of self-stratifying McMoneybags aristocrats of foreyear. Does Zuckerburg care about your degree?
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That's probably why the scholarships are for. Analogous to Nike giving golden shoes to Ronaldinho or Dior giving free purses to Rihanna.
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In a meaningless world - fun is an end of itself
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Precisely, once we have a small crop of
@LambdaSchool and the likes therof, the luxury brands will remain for luxury people. Who don't need the jobs anyway.Thanks. Twitter will use this to make your timeline better. UndoUndo
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