The Higher Education Bubble Pt. 2

We’ve recently had this big debate over whether or not college loans should be forgiven. The conversation has all been around “is it fair to burden kids with so much debt or is it fair to effectively punish the people who repaid their loans?” I think both of those are besides the point. The real issue is that the value proposition of going to coll

... See more

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 al... See more

This is where the opportunity lies. Through severely overdue cost reductions and deploying small and big tech, we can dramatically lower the cost per student of a college education. The corporatization of campuses, bloated administrations, tenure, a lack of accountability, and a god complex that we, academics, are noble when in fact we’ve been prey... See more

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.

Crow and Dabars don’t hold back in tearing down what they call the “Harvardization” of universities, where schools are responding to the higher education crisis by decreasing their acceptance rates and increasing their price tags, instead of trying to develop a better product that’s designed for the scale and type of demand we’re seeing today.