added by sari · updated 2y ago
The Higher Education Bubble Pt. 2
sari added
- As colleges lost their monopoly on information, college became less about learning and more about signaling. Whatever value they once provided is diminishing. Peter Thiel argues that college has become an expensive insurance policy for upper middle class parents who don’t want to see their children fall through the cracks of society.
from What the Hell Is Going On? by David Perell
sari added
- The High-Level This Week: There are 4,000 universities in the United States that generate over $650 billion in revenue and educated 20 million people annually. A perfect storm involving declining revenues and state funding are putting many of these universities at risk of bankruptcy. Many will not survive. Is this the end of University Inc in the U... See more
from Trajectory #17: The End of University Inc by Mikal Khoso
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