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Universities, in their current incarnation, offer a poor return on investment. When a degree was scarce, it was valuable. As was when a degree guaranteed a cer
by donw 6y ago
Universities, in their current incarnation, offer a poor return on investment.
When a degree was scarce, it was valuable. As was when a degree guaranteed a certain level of knowledge and skill.
But that really isn't the case nowadays. The vast majority of degree programs exist simply to collect tuition dollars, and the students that undertake these programs would be better-served by a vocational or professional education system.
The standard counter-argument here is that you gain social skills in university... but the same is true when you join the workforce.
Germany gets this one right, by the way.
That is not to say that the idea of a university has outlived its utility! We need spaces where curious minds can seek answers from and challenge themselves against well-practiced experts. That's part of how you set a country up for future success.
But that's not what we have now, not from my experience in the United States. What we need are Schools of Athens, but what we have are Temples of Amun.
So it's not all that surprising that, in the information age, curious people look to both the cost of a degree, and to the legions of unemployed graduates, and figure they can do better.
- kiba 6y agoCollege offers a "poor" return on investment because students focused on passing their exams and their classes, with no thought on application or any plan to retain the knowledge they acquired. Thus, any skills or knowledge they gained are only temporary, to be forgotten as soon as they graduate. In this perspective, college can teach as much as they want, but 80% will evaporate.
- akudha 6y agoYup. I was a shitty student (I used to read novels on my way to the exam hall) and still got a masters degree without breaking a sweat (with decent grades). And this is from a good institution with a fairly tough entrance exam. Everything I learned, I learned outside school. Sometimes I wonder if the only things that schools provide are friendships and connections, and in some cases brand recognition. Something is not right about the way we teach youngsters.