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by Digory 2151 days ago
Schools will always have to compete for their share of the pie, unless you want to do some pretty bad things.

Even in a no-limits, fully-government-paid education system, Tidmarsh Community College is going to have to convince students to come there instead of Harvard or State U. They'll have different resources.

You'd have to reduce student choice, or socialize college assets, to have a world where colleges just don't care about running like a business. It's not about level of funding, it's allocation.

The current system misallocates by hiding the true cost and benefits from students. You go to the school with fancy-pants dorms because you think it has been successful! Aren't those dorms and gyms built with successful alumni donations and clever investments?

No! Those amenities are being paid with the loan payments you'll make in your 30s and 40s.

1 comments

> Even in a no-limits, fully-government-paid education system, Tidmarsh Community College is going to have to convince students to come there instead of Harvard or State U. They'll have different resources.

I think your argument here is missing the fact that places like Harvard have a competitive admissions process and carry a reputation which will continue to attract distinguished faculty and high-achieving students, regardless of funding scenario.

If a student living near Tidmarsh doesn't get in to Harvard and still wants to attend a school, they may be forced into a second choice school anyway. The top university in many countries is often partially or completely linked to the state (point being gov't funded), and admissions are gated based on academic achievement.

I'm not really sure why you think this system would break down if suddenly if budget worries were suddenly eliminated. Not everyone can go to Harvard in either scenario, and for that matter, not everyone wants to go to Harvard either. If I wanted to be a welder, there are likely dozens of schools better equipped than Harvard to teach me those skills.

I'm a little unclear why socializing university assets would be problematic, but open to clarification on that point if you care to provide it. In my view, a vigorous and stable educational system benefits society as a whole, and seems a reasonable thing to socialize as a "public property" of sorts.