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>At the end of the day, maybe giving an 18 year old 120k to study underwater basket weaving for 4 years is not the best investment of money? This seems to be s
by avs733 9y ago
>At the end of the day, maybe giving an 18 year old 120k to study underwater basket weaving for 4 years is not the best investment of money?
This seems to be some undying myth that is really effective because it allows individuals to gloss over personal value judgements about individual's educational choices under the guise of economics. It massively oversummarizes college education AND market economics. It is a bad idiom used to undermine any area of thought (e.g., when I heard it applied to mechanical engineering "because mechE's don't code") that it requires more than two neurons to see the value to society from.
The role of education is to provide value to society, not simply provide labor to company's who create one form of value (i.e., capital).
- Joe-Z 9y agoAs mentioned in a similar thread yesterday the role of universities has shifted to providers of vocation rather than education. That's why so many people make that point. I totally agree with you, everybody should study what they find interesting and the role of universities should be to provide education rather than vocation. But if someone knows they are gonna rack up $100k+ in debts, they should seriously weigh their interest in a subject against the expected (monetary) outcome of getting that degree.