| Before the internet, centralized places of knowledge were needed, and you'd need to attend that place to find said knowledge. Think about how access to music caused the price of albums to drop. Education had not seen a similar dip in cost even though the supply is 100 percent saturated. There's a dying class of professors who got in while tenure was still a thing that paid probably 1/10 of the cost for education kids are paying now. They have the rosiest glasses possible because they're making around 100k for zero competition in their workspace. The vast majority of the time now a TA teaches the course or certainly grades the paperwork. Well over half of college degrees obtained will never pay for themselves. A philosophy, social science or psychology degree are not important enough to pay 50k to get. Free college would be a complete disaster, and a massive waste of money. The education cartel places liberal , financial shackles on kids who are less than 1000 sunrises away from going to prom. The liberal arts is a complete disaster for young people's financial means. So, you get somebody 100k in debt for something they could learn on the internet and guess what? They'll ALWAYS vote to raise taxes on the rich. I worked at a state university for five years, doing research. The waste of extravagant, totally unsustainable. I was going to grad school free since I was an employee, dropped out to teach myself software and in four years I make nearly as much as the Phds. in a physical therapy department. All it cost me was time. |
Other than some international trips, going to a university was probably the best money I've ever spent.