[ExI] big rip in education

William Flynn Wallace foozler83 at gmail.com
Wed Mar 6 23:21:39 UTC 2019

You can include doctors of philosophy, psychology, sociology and others in
your thinking, as many of them are cab drivers and burger flippers, too.
It pays grad schools to graduate as many as they can and not tell their
students about the job markets.  bill w

On Wed, Mar 6, 2019 at 1:25 PM Stuart LaForge <avant at sollegro.com> wrote:

> Spike wrote:
> > 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
> people.
> https://alltogether.swe.org/2017/12/is-there-a-shortage-of-stem-jobs-to-stem-graduates-its-complicated/
> 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
> skill level.
> This is what I have observed so YMMV.
> Stuart LaForge
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