[dlf]

Thank you for the insightful response to a comment that frankly felt a bit baiting. I admire how you're approaching the problem at HireArt, and am thankful that the current wave of disruption in education should hopefully keep society from feeling the full fallout of the education bubble. It will be interesting to see what the world looks like in 10 years.

However, I think the bubble will persist even if all degrees were viewed as equal due to the economics around cheap financing of degrees and disincentives among universities to compete on price and incentives to compete on ancillary concerns like luxury housing, amenities, facilities, and the like. Of course, even without this warped structure of incentives, the university model is one with huge overhead, a rigid and inflexible structure, slow to adapt to change (though they are trying), and not nearly as well positioned to take advantage of economies of scale as the likes of Udacity, Coursera, or even UOP.

This entire topic fascinates me, and I don't think we've even begun to unravel all of the causes and implications of what these changes mean for society and the future of education. Exciting times!