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> it would be cheaper to hire a full time tutor for 32 weeks per year. A large part of the value of top universities is that they have top professors. You woul
by NoahZuniga 2y ago
> it would be cheaper to hire a full time tutor for 32 weeks per year.
A large part of the value of top universities is that they have top professors. You wouldn't be able to match the quality of all the different professors a student interacts with for $60k per year with a private tutor.
- rahimnathwani 2y agoHow much interaction do undergraduates have with those 'top professors'?
- sarchertech 2y agoDepends on the undergrad. I had a ton of interactions with top professors in undergrad because I sought it out. Also the primary benefit of Harvard vs a state school is the network effects and the credentialing of having a degree from Harvard.
- rahimnathwani 2y agoDepends on the undergrad. I had a ton of interactions with top professors in undergrad because I sought it out. Yes, because you sought it out. But consider your classmates. What's the median amount of time they spent 1:1 or in a small group (4:1 or smaller) with a 'top professor'? I would be surprised if it were more than 1 hour per week. Also the primary benefit of Harvard vs a state school is the network effects and the credentialing of having a degree from Harvard You've got to the core of it. The network effects and the credential are things Harvard can bestow solely because it's Harvard. The tuition fees students pay don't create the network effects. They don't create the value of the credential. These are almost solely due to the flywheel effect from the selective admissions process. Smart people want to go to Harvard because other smart people want to go to Harvard.