Earlier quoted context omitted.
There is so much broken with modern universities and incentives around pricing - why are all degrees four years? Why does a classics degree cost the same as a CS degree when the market value of a classics degree is basically zero? I wrote a little about it in the context of Lambda School, but it mostly applies: https://zalberico.com/essay/2019/04/08/lambda-school.html “The current university system in the US is a mes…
>Why does a classics degree cost the same as a CS degree when the market value of a classics degree is basically zero? This is good. If degrees were priced based off of supply and demand economics then only rich people would be able to afford a CS degree. Currently the bar for getting a degree is partly economics and partly intelligence. You can't get rid of economics completely but at the very least they keep prices…
A poetry degree should not cost nearly what it does.
CS education tied to ISAs makes education more accessible, not less.
The current system harms the poor.
As it is degrees are already tied to supply and demand economics, the supply is just constrained by admissions (often this is true of specific departments too).