Saved by sari and
The Higher Education Bubble
Even as the cost of tuition increased, the value of university went unquestioned. Colleges bundled education and signaling. Students who thrived in boring classes signaled traits to employers, like conscientiousness, intelligence and conformity. Now, due to the proliferation of information on the internet and the rise of affordable and effective... See more
David Perell • What the Hell Is Going On?
Attending university has become more of an insurance policy than a true education. It's an insurance policy that's overpriced but purchased out of fear of the unknown.
Erik Torenberg • Opportunities in Education
Schools charging $50,000/year or more (Brown, NYU) have value propositions that have been rendered untenable overnight. The elimination of the university experience is similar to SeaWorld without killer whales. Yeah, we get it … free Willy, but I’m not paying $450 to see otters and penguins. Also, we’re not paying $54,000 for Zoom classes.