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The "best" here is really in the eye of the beholder. At the undergraduate level, the most important value of a degree is the signaling value.
by mountainofdeath 7y ago
The "best" here is really in the eye of the beholder. At the undergraduate level, the most important value of a degree is the signaling value.
- Consultant32452 7y agoLook up basically any list of top universities in the world. The United States is wildly over-represented. Undergraduate degree as a social signal is a different problem to solve.
- eeZah7Ux 7y ago"wildly overrated"
- Consultant32452 7y agoSorry, you can't have it both ways. If it's not worth it because the universities are overrated then people won't go. The problem will solve itself.
- wolco 7y agoWill it? Those who make it through will continue the narrative because lettings others know will reduce the value of their degree.
- Consultant32452 7y agoWhy do you care what the narrative is? If you produce something of value the market will reward you.
- wolco 7y agoBecause I'm the next person about to decided where to go/what to do. The narrative informs my choice. If the narrative is false then the market is basing decisions on incorrect information producing unrelated results but will never be aware to self-correct.
- Consultant32452 7y agoThis thread is working off the assertion that our top universities are overrated. What you're talking about is just introduction to the concept of pricing. Each person has to determine for themselves what it's worth. It will be worth more to some than to others. Everything of economic value gets priced, even if it's socialized. You can't escape the market. If you think you can get a better value at a cheaper school, or in a different country with socialized schools, go there. Some will let you attend their universities for free even if you're not a citizen. Meanwhile people from all over the world will continue to scramble to get into our top universities. Maybe you know something they don't.