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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This argument often uses radically sucessful outliers as examples to make the point. Avg dropouts are not more sucessful than avg college grads. Also-- most ppl don't go to college already, & that group overwhelmingly have less $, oppurtunity, social connections & intellect.
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Regular companies want people who are reasonably intelligent, hard-working and obedient. Since college degree requires all three, it's a great signal.
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