4 ms·

I would call this as yet another consequence of not having free education.

randomdata 9y ago
I would call it a consequence of supply management. Once you get past the headline, you soon see this has nothing to do with education at all. Rather, these professions have created a regulatory environment where only those who buy into it are allowed to participate. This artificially limits the supply of workers to artificially inflate incomes. If the 'quota' was freely accessible to anyone then the whole reason for the supply management would be lost altogether.
- nickthemagicman 9y ago
  This is not exclusive of the issue of thread parent. Regulatory licensing hurdles AND education both have major issues.
  - randomdata 9y ago
    I see no issue with the education system. You can learn anything you want on demand, for what is basically no cost whatsoever (other than your time and minor incidentals), with virtually no barrier to entry. The credentialing and licensing process is horribly broken, but only related to education to the extent that we have decided to sometimes link them together. There is no intrinsic relationship between them.
    - abiox 9y ago
      > I see no issue with the education system. You can learn anything you want on demand, for what is basically no cost whatsoever (other than your time and minor incidentals), with virtually no barrier to entry. are you referring to the internet as "the education system"?
      - randomdata 9y ago
        Even just living life provides a constant education, if you are willing to accept it. You can gain an education at school, but school is not equivalent to education.
    - nickthemagicman 9y ago
      LOL. No issues with the education system. Cool. I'm just going to start practicing medicine tomorrow. I'll just Google everything. No need to pay 150k for med school. Random internet person said there's no problems with that.
      - randomdata 9y ago
        > I'm just going to start practicing medicine tomorrow. The broken licensing system is going to get in your way of practicing medicine, but what issues does med education have? They are not the same thing.
- robert_foss 9y ago
  So not having student dept would not help these people, is that what you are saying?
  - randomdata 9y ago
    More or less. If schooling (education truly is free already) was hypothetically free and accessible to all, then the professional bodies would simply move the fees away from the school system entirely. The debt would remain, just as it already does in professional organizations who aren't tied to the school system (taxi medallions, for example). You're not really any further ahead as it relates to this topic. The regulatory body wants their money, and if you don't pay up they will happily give the spot to someone else.

I would call it a consequence of supply management. Once you get past the headline, you soon see this has nothing to do with education at all. Rather, these professions have created a regulatory environment where only those who buy into it are allowed to participate. This artificially limits the supply of workers to artificially inflate incomes. If the 'quota' was freely accessible to anyone then the whole reason for the supply management would be lost altogether.

nickthemagicman 9y ago
This is not exclusive of the issue of thread parent. Regulatory licensing hurdles AND education both have major issues.
- randomdata 9y ago
  I see no issue with the education system. You can learn anything you want on demand, for what is basically no cost whatsoever (other than your time and minor incidentals), with virtually no barrier to entry. The credentialing and licensing process is horribly broken, but only related to education to the extent that we have decided to sometimes link them together. There is no intrinsic relationship between them.
  - abiox 9y ago
    > I see no issue with the education system. You can learn anything you want on demand, for what is basically no cost whatsoever (other than your time and minor incidentals), with virtually no barrier to entry. are you referring to the internet as "the education system"?
    - randomdata 9y ago
      Even just living life provides a constant education, if you are willing to accept it. You can gain an education at school, but school is not equivalent to education.
  - nickthemagicman 9y ago
    LOL. No issues with the education system. Cool. I'm just going to start practicing medicine tomorrow. I'll just Google everything. No need to pay 150k for med school. Random internet person said there's no problems with that.
    - randomdata 9y ago
      > I'm just going to start practicing medicine tomorrow. The broken licensing system is going to get in your way of practicing medicine, but what issues does med education have? They are not the same thing.
robert_foss 9y ago
So not having student dept would not help these people, is that what you are saying?
- randomdata 9y ago
  More or less. If schooling (education truly is free already) was hypothetically free and accessible to all, then the professional bodies would simply move the fees away from the school system entirely. The debt would remain, just as it already does in professional organizations who aren't tied to the school system (taxi medallions, for example). You're not really any further ahead as it relates to this topic. The regulatory body wants their money, and if you don't pay up they will happily give the spot to someone else.