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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Replying to @paulg
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.
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Replying to @codinghorror
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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Replying to @paulg @codinghorror
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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Replying to @Saul_Lieberman @codinghorror
Yes, that's true. It's hard to predict how this all plays out.
5:01 AM - 25 Mar 2019
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