I just had a brilliant idea for solving all higher-ed woes in one shot: index interest rates on student loans to job prospects in that major
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Fine arts, philosophy, film: important fields w/ poorer job figs. Wage prospects not right metrics for education.
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There are 1000 views on what the "important" fields are. Choice: priestly fatwa decides or market mech does.
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Market works best when participants have most information and longest-term decision horizon.
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Priesthood making benevolent decisions works best when priests are all incorruptible saints
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Best solution would be for US to catch up with civilized world to offer low-cost/free secondary education. #simple
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"civilized world", "important"... those terms require "according to whom?" qualifiers to be non-vacuous.
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