2 ms·
To successfully compete with the Ivy league, onlines will have to provide a way for their students to signal two things: 1) I'm the kind of person who can pay
by noonespecial 11y ago
To successfully compete with the Ivy league, onlines will have to provide a way for their students to signal two things:
1) I'm the kind of person who can pay larger amounts of money than most for an education.
2) I know and am known by lots of people who fit into the group described by #1.
Until that happens I don't think any ivy covered bricks are coming tumbling down any time soon.
- abcampbell 11y agoagree (to some extent). Sometimes it looks like the role of education in america is to sort people into relevant socio-economic classes. Not through any nefarious scheme, but rather, our system just depends on (and creates) some degree of inequality https://en.wikipedia.org/wiki/Signalling_(economics) https://en.wikipedia.org/wiki/Signalling_(economics) #theUnicornEconomy
- eru 11y agoCompare https://news.ycombinator.com/item?id=11069197 https://news.ycombinator.com/item?id=11069197 : the universities also want smart people, even when they are poor. (They are offering financial help for that, especially at the Ivy league.)