[internaut]

> People are investing in their education at record levels!

They are investing in formal qualifications. Certificates.

As Thiel points out, a university degree has transmogrified from "investment" to "insurance" to "tournament".

The reality is that the previous generation knows jack shit about the environment facing the current generation. Their 'common sense' can be thrown out nearly entirely with few exceptions. In today's environment most of them wouldn't stand a chance.

[wildmusings]

I agree actually, but state funding of higher education, as the GP is suggesting, would probably only further cement the current broken system.

[wildmusings]

Edit: Not "would probably". It already is serving to entrench the current system.