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That colleges still get to win when their students graduate into economic destitution is a moral hazard of American society that we will inevitably look back up
by yowlingcat 7y ago
That colleges still get to win when their students graduate into economic destitution is a moral hazard of American society that we will inevitably look back upon as a great stain on history. I think a lot of people agree there. While I don't argue it would solve the entirety of the problem, I think a great first step would be to change the financial product itself. The code academy's tuition deferment until employment model seems a lot more sane than what we currently have. If every educational institution had to take this approach, would we still see the same kind of bureaucratic overreach, feudal approach to tenure, and debt slavery that we currently see? I'd love to know.