Re:Matt Levine makes sense of Wall Street like none other
by roenxi on Saturday October 10, 2020 @05:47PM
(#24742109)
> Let's tax the rich more and give everyone access to higher education...
Someone getting in by buying the institution a new building isn't denying anyone access to higher education. In fact, since the institution has a new building it is likely it is increasing access to either education or research opportunities.
> Let's tax the rich more and give everyone access to higher education...
30% of the US does get a degree, so higher education isn't exactly an elite marker.
[2-4 years of time] X [70% of the US that doesn't have a degree] is an enormous number of hours. If someone is not going to use it then they have better things to do than academics. The risk of most of that 70% just looking back at a couple of wasted years is pretty high.
I suppose in fairness it might work out, but even now there are a lot of people getting degrees who havn't managed to parley it up into better outcomes. But it is likely to be a terrible plan, expensive and with marginal positive outcomes.
Someone getting in by buying the institution a new building isn't denying anyone access to higher education. In fact, since the institution has a new building it is likely it is increasing access to either education or research opportunities.
> Let's tax the rich more and give everyone access to higher education...
30% of the US does get a degree, so higher education isn't exactly an elite marker.
[2-4 years of time] X [70% of the US that doesn't have a degree] is an enormous number of hours. If someone is not going to use it then they have better things to do than academics. The risk of most of that 70% just looking back at a couple of wasted years is pretty high.
I suppose in fairness it might work out, but even now there are a lot of people getting degrees who havn't managed to parley it up into better outcomes. But it is likely to be a terrible plan, expensive and with marginal positive outcomes.