I always wondered why no one creates new universities in the US. It seems like in the 1800s every rich guy started their own university, many with unique missions. The existing university model in the US seems like it's ripe for disruption so I'm surprised no one has tried to create their own.
Good teachers are expensive, but on top of that, so are all the facilities. Being accredited is required for Pell Grants and student loans. Can’t be accredited without a lot of horse shit like fully staffed research libraries loaded with books no one will ever read. Yet another higher ed racket
Also, are employers really looking into if a prospect's school was accredited or not?