311–320 of 372 posts
Earlier quoted context omitted.
BaaS - books as a service. I am noticing that whenver "as a Service" is suffixed to X, it becomes far less useful and far more expensive than X was originally.
It's called rent-seeking. Like Pantone demanding $15/month to use their colors.
Earlier quoted context omitted.
Great find. You missed the best part: > That means for income For readers not familiar with US university system: This will not include "room & board" (housing & food).
For Harvard, that's not true – financial aid covers the cost of room and board. (There is a student contribution of ~$3,000/year, which is fairly easily met through on campus jobs).
It is a reward puppy mill scheme and a triple-dippy pension scheme ... all at taxpayers' expense.
Stanford has now reached the point that they recently built an entire 35-acre campus just for administrators. [1] This is completely separate from the main campus and miles away. "The campus provides workspace for about 2,700 employees (including three of the university’s eight vice presidents) working in critical areas such as the School of Medicine administration, libraries and archives, business affairs, human res…
Stanford and other top institutions can't really be compared to other schools, students fees are not how these institutions make money. There are massive business arms tying in to fortune 500s, political think tanks, government institutions, etc. It's a whole different game for schools at this level. To understand administrative bloat in the US it's much more instructive to look somewhere like University of Idaho whe…
Earlier quoted context omitted.
Lectures could be, but tutorials are nowhere near as good online.
They will be. The distinction between lectures and tutorials will blur once every student has what amounts to their own personal professor/TA. "Hey Siri, could you go back over step 3 for me? Where did you get the X-squared term in the denominator?"
Earlier quoted context omitted.
I'm talking about being motivated enough to be willing to ask questions that may make you look stupid etc. I don't think the system you're proposing would work for open-ended subjects.
AI professors will soon be as good at teaching as the real thing and nobody need feel stupid talking to a program.
Stanford has now reached the point that they recently built an entire 35-acre campus just for administrators. [1] This is completely separate from the main campus and miles away. "The campus provides workspace for about 2,700 employees (including three of the university’s eight vice presidents) working in critical areas such as the School of Medicine administration, libraries and archives, business affairs, human res…
Stanford and other top institutions can't really be compared to other schools, students fees are not how these institutions make money. There are massive business arms tying in to fortune 500s, political think tanks, government institutions, etc. It's a whole different game for schools at this level. To understand administrative bloat in the US it's much more instructive to look somewhere like University of Idaho whe…
Price sets expectations. If you tie your service to lower tier pricing , you are indirectly communicating that your service value is substantially lower.
This calculus is literally happening in administrators minds. They so much have admitted this in the past.
Stanford has now reached the point that they recently built an entire 35-acre campus just for administrators. [1] This is completely separate from the main campus and miles away. "The campus provides workspace for about 2,700 employees (including three of the university’s eight vice presidents) working in critical areas such as the School of Medicine administration, libraries and archives, business affairs, human res…
Meanwhile TAs, instructors, or anyone in faculty without tenure gets paid how much again? Less than $20/hr?
Earlier quoted context omitted.
The accrediting system is a cartel of sorts. It keeps supply low by keeping competition low. It’s not a perfect cartel but none of our modern ones are. They just seem to capture large chunks of the market enough so that most people are forced to work with em.
That's not a real cartel. Several new colleges have achieved accreditation in recent years. There is some paperwork and expense involved but it's not a huge obstacle for any legitimate school.
Many industries in the USA are quasi cartels, 2-5 companies own most of the market and competition is quashed by it being very difficult to break in. The airlines are a cartel but occasionally you see a new airline or there is a private equity attempt to cartel the vet business dispite the fact that some new independent vets can enter the market.
Earlier quoted context omitted.
In education, "supply" itself is not the issue; there are more than enough spots at state, etc. universities. Its supply of prestigious universities, which is controlled by a cartel. Similar to diamonds, which are neither precious nor rare, yet prices are outrageous because they are controlled by a cartel. If/when I become President of the United States, I will hold back all education dollars on cartel-controlled edu…
> neither precious nor rare The fact that most people can name the most famous schools seems to imply they are rare. They are perceived as having better outcomes than regular state schools. Do they or dont they? If their grads do get better jobs and end up more successful - then they are genuinely better? People from state Universities end up sitting next to Ivys etc there is no difference - this is what I believe. W…
As for whether these schools are "precious", well, their students certainly are judging by the number of trigger warnings and emotional support pets.