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If the signal to corporations disappears the wage premium to a college education disappears and the students disappear along with the tuition paying the profess
by jimbokun 6mo ago
If the signal to corporations disappears the wage premium to a college education disappears and the students disappear along with the tuition paying the professors’ salaries.
- curiousllama 6mo agoMaybe? Elite colleges have been around a lot longer than the professional credentialism of the last 20 years, no?
- jimbokun 6mo agoThe point was still the credentials. Otherwise what signal does “prominent family and graduated from Harvard” have over just “prominent family”?
- curiousllama 6mo agoAgain - maybe? The credential was certainly something - a more easily understood distillation of the of connections and status that got you there. But that's not exactly professional the way a degree in Business is. Besides, were there not other high-minded notions that underpinned that credential - ideas of self-development and virtuous leadership? And more crass notions of polish and status? Were these not the self-justifications of these elites, made manifest through the institutions? As a side note - I do strongly suspect elite schools will bring these ideas back. If not for virtue, for necessity - as schools seek to self-justify in ways that go beyond the dollars they risk losing.