I think looking at what is driving the increase in the cost of education could also be useful.
It seems that the ancillary services in education are driving higher costs. I suspect that teaching costs are going down, as there are simply fewer professors. At the same time, universities are constantly getting incredible new facilities, and seem to be growing from an admin standpoint.
Those ancillary costs aren't really relevant to educational outcome.
Looking at costs, I feel like University education is ripe for disruption. Lower cost options that provide greater upside. I liked what Lambda was doing, and can see other options in that model, but it could be something totally different.
If you get down to it, the reason most people 'buy' a degree is the ability to secure quality employment. Students pay high prices for mediocre and good schools, as opposed to cheaper community colleges, because in general the good office jobs go to university graduates.
Quote:
Originally Posted by nfotiu
Canceling student debt seems to be a political mindfield.
This NY Times article from the weekend has a lot of solid points. https://www.nytimes.com/2022/05/14/o...bt-cancel.html
Widespread forgiveness just to help out people at one point in time seems to not really fix anything. |