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I disagree with this "providing access to everyone for something by nature devalues it" It's not just that everyone has access. It's also that bubbles create h
by entangld 16y ago
I disagree with this "providing access to everyone for something by nature devalues it"
It's not just that everyone has access. It's also that bubbles create huge numbers of over-valued objects. If these for-profit colleges were cranking out well-trained software engineers we'd see a rise in overall real value (there'd be more technical co-founders available). Instead they're charging students 25k for online classes in degrees that society has no demand for. The same way pyramid schemes sell you junk to sell to your friends. You end up with a bunch of junk you can't sell. The degrees provide little or no real value to the workforce, and they're not even a filter anymore. That's what's really wrong with them.