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Why is shelling out six figures to go to college even a thing? Any of the knowledge obtainable through a college course is available free on the internet. Is it
by gregatragenet3 10y ago
Why is shelling out six figures to go to college even a thing? Any of the knowledge obtainable through a college course is available free on the internet. Is it having the accountability of grades and adult supervision? 60k/yr/student seems like a lot of mark up for repackaging knowledge which is free in a format consumable by the average high school grad. This this is a market waiting to get disrupted.
- branchless 10y agoLeaving aside whether degrees add value or not, the perception is that they do and it absolves hiring managers some responsibility. If you work for a big company and you have an ivy league grad and a guy from a conference you met who seems promising do you: a) hire the ivy guy and if he is crap mumble about youth today b) hire the random guy who screws up and everyone blames you ? Both get hired at low wages as starters, you might save a bit on the random person but not that much. Plus if he is good he'll want a rise. Large corporations are about sitting nice and still and not messing up. I'm not sure it's the market, it's the consumers of the product in our world where managing perception in large companies which often have monopolies is more important that cranking stuff out. Not always, but often.
- gregatragenet3 10y agoOption 3, (which may not be a option at F500 Co) is bring him on as a contractor and if he performs convert him to perm. A college degree is this decades version of "nobody got fired for buying IBM"