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College is expensive cuz of gov. intervention

keepinitreal
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10/28/2012 5:10:20 PM
Posted: 4 years ago
Do you agree with this? If not, what are your arguments against this?

The reason university/college tuition is so expensive and increase so much every year is cause of government agencies. The notion that the government gives financial aids, guarantee student loans, and grants to people who can't afford college increases the demand for college/university education.
slo1
Posts: 4,353
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10/29/2012 2:49:10 PM
Posted: 4 years ago
I would agree, however, it is not only increase demand that is the problem. When you have a demand for something critical for our economy, like oil, you don't just say lets reduce demand, you find ways to effectively increase supply.

The simple fact is that having an under educated populace is a general long term drag on an economy rather than a lift. Not having enough qualified labor candidates in the labor pool raises wage inflation or worse yet, like many developing nations struggle with, you don't get economic investment in your country.

We need to better enable companies to provide educational services. We still hold onto state and county owned schools who use archaic methods of education which were used hundreds of years ago. First and foremost, privatize them.

Second, we really need to look a education supply to understand what it really takes to get a young person educated to a level where they can contribute to the labor market in a meaningful way.

The centuries of method of a four or two year university where a kid take 4 classes at a time needs to die off, including the entire "campus experience".

In other words we need to become much more efficient with delivering education. Cohorts of students who mainly use the internet and technology for daily learning and studies, while taking opportunities to travel to meet for learning could be a much better exposure to liberal arts than the traditional model of a campus driven experience

There is so much need for change in our post secondary schooling, but so little will to make those changes.
bossyburrito
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10/29/2012 2:54:04 PM
Posted: 4 years ago
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.
#UnbanTheMadman

"Some will sell their dreams for small desires
Or lose the race to rats
Get caught in ticking traps
And start to dream of somewhere
To relax their restless flight
Somewhere out of a memory of lighted streets on quiet nights..."

~ Rush
darkkermit
Posts: 11,204
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10/29/2012 3:28:30 PM
Posted: 4 years ago
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.
Open borders debate:
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darkkermit
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10/29/2012 3:32:02 PM
Posted: 4 years ago
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...
Open borders debate:
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Contra
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10/29/2012 3:34:43 PM
Posted: 4 years ago
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.
"The solution [for Republicans] is to admit that Bush was a bad president, stop this racist homophobic stuff, stop trying to give most of the tax cuts to the rich, propose a real alternative to Obamacare that actually works, and propose smart free market solutions to our economic problems." - Distraff

"Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility." - Paul Ryan
darkkermit
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10/29/2012 3:42:00 PM
Posted: 4 years ago
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.
Open borders debate:
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socialpinko
Posts: 10,458
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10/29/2012 3:49:05 PM
Posted: 4 years ago
At 10/29/2012 3:32:02 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...

Clever boy.
: At 9/29/2014 10:55:59 AM, imabench wrote:
: : At 9/29/2014 9:43:46 AM, kbub wrote:
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Contra
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10/29/2012 3:54:25 PM
Posted: 4 years ago
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.
"The solution [for Republicans] is to admit that Bush was a bad president, stop this racist homophobic stuff, stop trying to give most of the tax cuts to the rich, propose a real alternative to Obamacare that actually works, and propose smart free market solutions to our economic problems." - Distraff

"Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility." - Paul Ryan
darkkermit
Posts: 11,204
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10/29/2012 4:00:46 PM
Posted: 4 years ago
At 10/29/2012 3:54:25 PM, Contra wrote:
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.

Because it limits opportunity tremendously. People's intellectual ability change with age and their grades tend to fluctuate based on environment as well. Its quite common for a good high school student to due poorly in college and vice versa.
Open borders debate:
http://www.debate.org...
Contra
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10/29/2012 4:04:20 PM
Posted: 4 years ago
At 10/29/2012 4:00:46 PM, darkkermit wrote:
At 10/29/2012 3:54:25 PM, Contra wrote:
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.

Because it limits opportunity tremendously. People's intellectual ability change with age and their grades tend to fluctuate based on environment as well. Its quite common for a good high school student to due poorly in college and vice versa.

Earlier a few weeks ago, you had some sort of theory about the correlation between income inequality and economic growth. What was it?
"The solution [for Republicans] is to admit that Bush was a bad president, stop this racist homophobic stuff, stop trying to give most of the tax cuts to the rich, propose a real alternative to Obamacare that actually works, and propose smart free market solutions to our economic problems." - Distraff

"Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility." - Paul Ryan
socialpinko
Posts: 10,458
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10/29/2012 4:05:39 PM
Posted: 4 years ago
Btw Yale also offers free courses on Youtube.
http://www.youtube.com...
: At 9/29/2014 10:55:59 AM, imabench wrote:
: : At 9/29/2014 9:43:46 AM, kbub wrote:
: :
: : DDO should discredit support of sexual violence at any time and in every way.
:
: I disagree.
darkkermit
Posts: 11,204
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10/29/2012 4:06:56 PM
Posted: 4 years ago
At 10/29/2012 4:05:39 PM, socialpinko wrote:
Btw Yale also offers free courses on Youtube.
http://www.youtube.com...

I actually took their course on game theory.
Open borders debate:
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slo1
Posts: 4,353
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10/29/2012 4:48:12 PM
Posted: 4 years ago
At 10/29/2012 4:04:20 PM, Contra wrote:
At 10/29/2012 4:00:46 PM, darkkermit wrote:
At 10/29/2012 3:54:25 PM, Contra wrote:
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.

Because it limits opportunity tremendously. People's intellectual ability change with age and their grades tend to fluctuate based on environment as well. Its quite common for a good high school student to due poorly in college and vice versa.

Earlier a few weeks ago, you had some sort of theory about the correlation between income inequality and economic growth. What was it?

No, I did not have a theory, but I did post an article that questioned whether the continuing separation of income growth between middle class and rich was good the the economy.

What does that have to do with the lack of a quality supply of education because we are stuck in "old school"?
bossyburrito
Posts: 14,075
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10/29/2012 4:50:07 PM
Posted: 4 years ago
At 10/29/2012 4:05:39 PM, socialpinko wrote:
Btw Yale also offers free courses on Youtube.
http://www.youtube.com...

A lot of places do this. I've been watching Oxford philosophy lectures.
#UnbanTheMadman

"Some will sell their dreams for small desires
Or lose the race to rats
Get caught in ticking traps
And start to dream of somewhere
To relax their restless flight
Somewhere out of a memory of lighted streets on quiet nights..."

~ Rush
slo1
Posts: 4,353
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10/29/2012 4:51:51 PM
Posted: 4 years ago
At 10/29/2012 4:48:12 PM, slo1 wrote:
At 10/29/2012 4:04:20 PM, Contra wrote:
At 10/29/2012 4:00:46 PM, darkkermit wrote:
At 10/29/2012 3:54:25 PM, Contra wrote:
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.

Because it limits opportunity tremendously. People's intellectual ability change with age and their grades tend to fluctuate based on environment as well. Its quite common for a good high school student to due poorly in college and vice versa.

Earlier a few weeks ago, you had some sort of theory about the correlation between income inequality and economic growth. What was it?

No, I did not have a theory, but I did post an article that questioned whether the continuing separation of income growth between middle class and rich was good the the economy.

What does that have to do with the lack of a quality supply of education because we are stuck in "old school"?

I think I am mixed up. sorry. going to bed
darkkermit
Posts: 11,204
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10/29/2012 5:20:17 PM
Posted: 4 years ago
At 10/29/2012 4:04:20 PM, Contra wrote:
At 10/29/2012 4:00:46 PM, darkkermit wrote:
At 10/29/2012 3:54:25 PM, Contra wrote:
At 10/29/2012 3:42:00 PM, darkkermit wrote:
At 10/29/2012 3:34:43 PM, Contra wrote:
At 10/29/2012 3:28:30 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

Ain't no such thing as a free lunch. Somebody is paying for it even if it isn't you personally.

Yeah. You would be making people who aren't enjoying the real benefit pay for it (it's like me paying for someone else's drugs or new car).

It would be a massive drain on the economy as it would create high taxation. So it not only decreases the value of a degree, it would be expensive, harmful to the economy, become inefficient (no competition among colleges, even less so than now), and would decrease the value of a degree.

Through the private market people can finance their college, through charities or most likely private bank loans, financing from an employer investing in their worker's skills, or through equity financing of loans. Community college could easily be payed for by most individuals if they saved enough money, they could improve their human capital.

the alternative system is the tracking system that Europe has. Even Europeans recognize that it would be a great waste of resources to put everyone through college, so they pretty much use a rationing system in which your future career path is pretty much set for you once you enter middle school.

Like in Germany once they graduate 10th grade they decide whether they will stay in school, go into vocational training (like community college), or other training in fields like learning how to be an electrician or something. I don't know why we don't have a similar system.

Because it limits opportunity tremendously. People's intellectual ability change with age and their grades tend to fluctuate based on environment as well. Its quite common for a good high school student to due poorly in college and vice versa.

Earlier a few weeks ago, you had some sort of theory about the correlation between income inequality and economic growth. What was it?

I've abandoned it. It was based on a belief that if too much wealth is concentrated to the rich, then there wouldn't be enough consumer demand, since the rich have a lower marginal to consume then the poor. However, in order for the hypothesis to be correct, there would have to be a downward trend of falling rate of profit, which there really isn't. Although to be fair, a lot of the reason why corporations make such high profits is due to the barriers to entry.
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Wallstreetatheist
Posts: 7,132
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10/29/2012 8:28:26 PM
Posted: 4 years ago
At 10/29/2012 3:32:02 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...

But you don't get a piece of paper with a gold stamp at the end!
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slo1
Posts: 4,353
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11/1/2012 8:37:16 AM
Posted: 4 years ago
http://www.bloomberg.com...

The Unholy Alliance Against Online Learning

There is nothing wrong with this, but the lack of productivity improvements in higher education today helps explain the rising cost of college. That may change with the innovative use of new technologies, which show promise in offering high-quality instruction at a low cost. Unfortunately, government regulation and accrediting organizations may slow that progress.

A very timely article which points out the problems hindering quality supply of education. one can argue that increased demand is driving costs, but it is clear that it does not need to if we loose the archaic ways we educate.
socialpinko
Posts: 10,458
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11/1/2012 2:39:02 PM
Posted: 4 years ago
At 10/29/2012 4:06:56 PM, darkkermit wrote:
At 10/29/2012 4:05:39 PM, socialpinko wrote:
Btw Yale also offers free courses on Youtube.
http://www.youtube.com...

I actually took their course on game theory.

*gasp* Me too. I think we were meant for each other.
: At 9/29/2014 10:55:59 AM, imabench wrote:
: : At 9/29/2014 9:43:46 AM, kbub wrote:
: :
: : DDO should discredit support of sexual violence at any time and in every way.
:
: I disagree.
RoyLatham
Posts: 4,488
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11/10/2012 2:19:58 PM
Posted: 4 years ago
The reason the government is increasing education costs is that they provide loans without regard to the value. Colleges are competing based upon low work loads, days without classes, and resort-type facilities. John Stossel did a TV program showing a tropical-themed student center with frills like a climbing wall. A defender of the present system said that, okay, there was one school with a climbing wall, but that was unusual. Stossel noted that actually there are over 500 schools with climbing walls.

A study showed that the college homework is down to 14 hours per week. Tests show that amazingly little is learned in the course of a college education.

The government is paying for lengthy vacations. There is little competition for educational value.
ax123man
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11/10/2012 7:30:39 PM
Posted: 4 years ago
http://www.youtube.com...

Sal Khan talks to reason.com

He makes a point I've been saying for years. You are primarily paying for a golden ticket, err, degree. In the video Sal talks about having third-party credentialing separate from the teaching the schools do. Imagine what that would do to education costs. Given the online schools popping up, tuition cost would fall like a stone. I'm not saying everyone would go that route, but it would still have a dramatic affect.

Remove government from the picture and that would take care of all the absurd overhead/administration costs (oh, and the spas too).
Greyparrot
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11/11/2012 1:14:53 PM
Posted: 4 years ago
Cmon. You can't trust people to make financial decisions at such a tender young age in regards to College expenses.

Government intervention is the only answer.
royalpaladin
Posts: 22,357
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11/22/2012 9:58:45 AM
Posted: 4 years ago
At 10/29/2012 3:32:02 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...

All right. Please watch a few Khan Academy videos and then tell employers that you don't have a degree because and that you watched those videos instead. Let's see what type of job you land.
socialpinko
Posts: 10,458
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11/22/2012 10:43:36 AM
Posted: 4 years ago
At 11/22/2012 9:58:45 AM, royalpaladin wrote:
At 10/29/2012 3:32:02 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...

All right. Please watch a few Khan Academy videos and then tell employers that you don't have a degree because and that you watched those videos instead. Let's see what type of job you land.

That was in response to the demand point. Bossy said everyone should be able to go to college, if not for the degree at least for the education. So even though everyone having a dumb piece of paper would lower the value of the degree, that doesn't mean people can't become educated for free.
: At 9/29/2014 10:55:59 AM, imabench wrote:
: : At 9/29/2014 9:43:46 AM, kbub wrote:
: :
: : DDO should discredit support of sexual violence at any time and in every way.
:
: I disagree.
bossyburrito
Posts: 14,075
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11/22/2012 11:00:52 AM
Posted: 4 years ago
At 11/22/2012 9:58:45 AM, royalpaladin wrote:
At 10/29/2012 3:32:02 PM, darkkermit wrote:
At 10/29/2012 2:54:04 PM, bossyburrito wrote:
College should be free. Inb4 "It lowers the value of a degree!!" Yeah, but we still get the education.

I also agree with that sentiment. Its too bad that there's no way to mass produce lectures online so that they could be taught for free. If only the technology existed.

https://www.coursera.org...
http://www.khanacademy.org...
http://marginalrevolution.com...
http://www.youtube.com...

All right. Please watch a few Khan Academy videos and then tell employers that you don't have a degree because and that you watched those videos instead. Let's see what type of job you land.

Is =/= Ought.

If everyone got law degrees, will there be an overload of lawyers? Yeah, but we still have that many more people who know the stuff.
#UnbanTheMadman

"Some will sell their dreams for small desires
Or lose the race to rats
Get caught in ticking traps
And start to dream of somewhere
To relax their restless flight
Somewhere out of a memory of lighted streets on quiet nights..."

~ Rush
Greyparrot
Posts: 14,305
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11/22/2012 11:30:50 AM
Posted: 4 years ago
At 11/22/2012 10:00:19 AM, royalpaladin wrote:
Basically everybody who is angry about increased demand is a loser because they are being out-competed, lol.

It's not competition if it is universal.