Re:The World Might Be Better Off Without College for Everyone
by 839083 on Friday December 08, 2017 @08:56AM
(#15878613)
Education inflation is difficult to solve when assessing the value of “education/experience currency” means having to consider “exchange rates” between different fields (see CS vs ‘Computer Engineering’) and institutions (potential degree mill, boot camp, well known university?). The opportunity for arbitrage and dumping “education currency” into the market is really huge so long as we see “education” as a single currency rather than a collection of different ones. It would be insanity to treat all fiat currency as one unit of value, one country deciding to print more money directly causing inflation for the whole world. Why should education be treated any differently as a market?
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