[ExI] big rip in education
avant at sollegro.com
Wed Mar 6 19:14:15 UTC 2019
> We are so accustomed to the rich (money rich) having access to the
> best schools, the best teachers, the best opportunities in general.
> Now I would argue that the best educational opportunities are
> online, available to anyone who wants to go in and gobble it up like
> a ravenous PacMan. Plenty of the PLP superstars come from the lower
> socio-economic ranks. Our local library offers free WiFi, and a
> ChromeBook can be had for a few bucks used over at the Salvation
> Army. The very poor don?t really get rich (yet) but they can get
> really smart.
The wealth of free knowledge and education available online is a
wonderful thing from the perspective of maintaining a well-educated
populace. But from an economic perspective, all it seems to be doing
lowering the value of technical knowledge. Science knowledge,
technical skills, and STEM degrees no longer offer any sense of
employment or financial security. I know this first hand. The only
knowledge that matters in the modern job market is knowing the right
If you look at the graph in the link above, you will see that there
are plenty of very well-educated STEM people flipping burgers, serving
coffee, and performing whatever menial jobs they can find.
The value of a degree from an Ivy League school is not in the what you
learn. As you have quite well extolled, one can learn that stuff
online for free. The value of a high-priced private university is the
getting to know the sons and daughters of wealthy people, since that
is a far greater indicator of future success than any amount knowledge
or technical skill. So many people with STEM degrees work shit jobs
while saddled with enormous college debt, yet chances are nobody who
knows Mark Zuckerberg personally is unemployed regardless of their
This is what I have observed so YMMV.
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