Earlier quoted context omitted.
Universities exist to search for truth and to train future generations in the methods and results of the ongoing search for truth. We give these institutions donations and tax money so that they can be independent of the economy, and work on what the market won't. You could look at the National Science Foundation and other federal grant programs as a form of basic income, providing grad students with a minimal standa…
Thank you for taking the time to write this - very well thought out and well reasoned. I don't think one can ignore the disconnect between the stated charter of top universities (basically to do research) and the motivations for the majority of undergraduates who actually attend them (prestige, which hopefully leads to a high paying job). I doubt that all donors give these institutions donations to further their rese…
That's not to say we ban career training (or office buildings), but some space is and ought to be reserved for other things.
Students seeking higher education for purely economic reasons are wrong to do so, and a gauntlet has been thrown to the business community to launch serious competitors that more directly address its training needs.