3 ms·
What if USA would stop treating education like a business - customer paid for degree, customer gets the degree no matter if customer has essential knowledge for
by general1465 11mo ago
What if USA would stop treating education like a business - customer paid for degree, customer gets the degree no matter if customer has essential knowledge for the degree?
- IAmBroom 11mo agoWhat if we publicly acknowledged it's a key infrastructure to our economy, government, and society?
- spwa4 11mo agoWait ... you can't mean ... and pay for it? Am I in a bad dream? Or perhaps a really good one?
- readthenotes1 11mo agoThats close to what I was going to say: the answer to the prompt in the headline is clearly "don't admit them to college". But since there is a massive profit motive to admit and keep young fools taking on student loans, I doubt that's the answer the industry would adopt Or as Munger said "show me the incentive and I'll show you the behavior"
- BurningFrog 11mo agoYou're describing a terrible business, where you pay for something worthless. If that's the college business model today, it won't survive for long. Colleges that give you valuable skills for your money should keep doing well though.
- general1465 11mo agoI mean is it really terrible? Is customer going to return for more degrees? Unlikely. You just need good marketing on high schools to explain new fools why they should pay you money for getting a degree.
- insane_dreamer 11mo agothat's actually more like a business than what it is today we already have "degree-mills" from which you can purchase a degree; doesn't benefit society in any way