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Re:Eric Schmidt is working to launch a university by mbesto on Tuesday July 21, 2020 @06:58PM (#23911843)
Look at this way - if you're going to send your son/daughter to a university and you're trying to decide between MIT and Bezos University (all things else considered equal). Which one is more risky? It's a no brainer. Not to mention many of these tech "gods" notoriously scrap projects when they don't work out in a short term timeframe. There's just very little reason not to send your child to a prestigious university if you have the means.
Re:Eric Schmidt is working to launch a university by refurb on Tuesday July 21, 2020 @08:05PM (#23912349)
This is a great point. One reason why college is so popular is because it’s a low risk way of improving your profile.

The chances of people not knowing what MIT is or their reputation going down is very low. And that’s a big reason why people want to go there.