The rising cost of college and the student debt crisis have become one of the main causes for concern for the US economy. A growing economy and full employment mask the dangers of this crisis in the making: the overall price of higher education increased 600% between 1980 and 2010, double the rate of inflation in that period (per Ryan Craig's... See more
Schools are more value investors than venture capitalists. Rather than incentivize risky crazy ideas that have asymmetric upside, schools are trying to reduce risk and do everything they can to prevent children from suffering, like medicating a child for mild ADD.
A culture that allows the concept of “safety” to creep so far that it equates emotional discomfort with physical danger is a culture that encourages people to systematically protect one another from the very experiences embedded in daily life that they need in order to become strong and healthy