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Interesting thought. So the idea is that increase in supply of higher education will provide downward price pressure on the cost of higher education? Somewhat
by joncrane 10y ago
Interesting thought. So the idea is that increase in supply of higher education will provide downward price pressure on the cost of higher education?
Somewhat related, isn't there a glut of supply in professors (academia) and super cutthroat competition to gain tenure? That would also address that problem.
The last thing to look at is perhaps introducing sanity into the major selection process? I know so many people who are investing hundreds of thousands of dollars and almost a decade into getting a PhD in something like Ancient Languages that make me wonder if that's an appropriate vocation. Avocation, sure, but how much benefit to society does that bring compared to say doctors (of which there's a shortage, right)?