3 ms·
I don't think the market is broken, I do think it has been heavily distorted by government intervention though. I think you are correct that credentialism is a
by jack_h 2y ago
I don't think the market is broken, I do think it has been heavily distorted by government intervention though. I think you are correct that credentialism is a problem here. For those who suggest free tuition for everyone (government funded), I would ask how that would solve this particular problem. It seems like it would worsen this problem and probably lead to an even larger shortage of people going in the trades.
- giantg2 2y agoI would consider distortion at this magnitude to be broken. It's pretty much stuck in a vicious cycle of number of degrees increasing from accessibility, businesses increasing demand for credentials because there are more of them, demand for easy loans increasing, etc. It would take a monumental shift to fix this from multiple areas of society.