is the current higher ed system dead?
Comments
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yes, I have a proprietary algorithm that will substantiate that precise claim. however, i'm having some trouble with the PTO and thus don't want to share it just yet.sarktastic said:
So, your contention is Gates' failure rate on his ideas is 10,000:1? Can you back that up?creepycoug said:not betting on it with my own. Gates can afford to say and think anything. these fuckers ... with every home run they hit, they whiff, badly, 10,000 times. they can afford those whiffs.
Gates is no more an oracle than Paul Allen.
Also, how long do you think the parabolic rise in student loan debt can continue?
Jesus.
how long? I don't fucking know. but, more to the point of the original assertion, do I think that the absolute number of universities in this country will be cut in 1/2 in 10 years? no, I do not.
let's get back together on this question in 10 and we'll compare notes.
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Hey man...everyone deserves an education...sarktastic said:
So, your contention is Gates' failure rate on his ideas is 10,000:1? Can you back that up?creepycoug said:not betting on it with my own. Gates can afford to say and think anything. these fuckers ... with every home run they hit, they whiff, badly, 10,000 times. they can afford those whiffs.
Gates is no more an oracle than Paul Allen.
Also, how long do you think the parabolic rise in student loan debt can continue?
I like to be surprised when I give people a bunch of money to buy a good or service and then the price of that good or service goes up......I like to do that. -
I think the market will correct for this. Are there too many universities? Don't know. If there are, then those that can't compete will, and should, disappear. But I didn't read anything in the attached article that would cause me to believe that up to 1/2 of this nation's universities will be gone in 10 years.MikeDamone said:
Hey man...everyone deserves an education...sarktastic said:
So, your contention is Gates' failure rate on his ideas is 10,000:1? Can you back that up?creepycoug said:not betting on it with my own. Gates can afford to say and think anything. these fuckers ... with every home run they hit, they whiff, badly, 10,000 times. they can afford those whiffs.
Gates is no more an oracle than Paul Allen.
Also, how long do you think the parabolic rise in student loan debt can continue?
I like to be surprised when I give people a bunch of money to buy a good or service and then the price of that good or service goes up......I like to do that.
If the government gets out of the business of funding everyone's fucking education (like it did mine), then schools will find a way to offer education for what people can and will afford for it.
There is one externality that plays in favor of schools sticking around: sentimentality. People don't view education as a commodity. Many personalize it. That's why universities can embark on huge cap campaigns, exceed their goals, then turn around a year later and tell everyone they need more. And they get it.
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Shouldn't have taken loans out for that philosophy degreeCuntWaffle said:The job I got post college I could have done without going into a bunch of debt.
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The market can only correct it if it is allowed to. Right now the government is in charge.creepycoug said:
I think the market will correct for this. Are there too many universities? Don't know. If there are, then those that can't compete will, and should, disappear. But I didn't read anything in the attached article that would cause me to believe that up to 1/2 of this nation's universities will be gone in 10 years.MikeDamone said:
Hey man...everyone deserves an education...sarktastic said:
So, your contention is Gates' failure rate on his ideas is 10,000:1? Can you back that up?creepycoug said:not betting on it with my own. Gates can afford to say and think anything. these fuckers ... with every home run they hit, they whiff, badly, 10,000 times. they can afford those whiffs.
Gates is no more an oracle than Paul Allen.
Also, how long do you think the parabolic rise in student loan debt can continue?
I like to be surprised when I give people a bunch of money to buy a good or service and then the price of that good or service goes up......I like to do that.
If the government gets out of the business of funding everyone's fucking education (like it did mine), then schools will find a way to offer education for what people can and will afford for it.
There is one externality that plays in favor of schools sticking around: sentimentality. People don't view education as a commodity. Many personalize it. That's why universities can embark on huge cap campaigns, exceed their goals, then turn around a year later and tell everyone they need more. And they get it.

