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

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.