Re:The University Has No Clothes
by yummyfajitas on Sunday May 22, 2011 @01:52PM
(#2573769)
Right around 1980ish, health care and college costs started heading for the roof relative to inflation.
Interesting - right around the time computers started making business processes way more efficient, a few areas unaffected by computers started skyrocketing in cost (relative to inflation).
I wonder what could be causing this phenomenon?
Both this and the other link aren't working, try this:
Are you seriously suggesting that the costs of healthcare provision and education are unaffected by computers?
I'd be surprised if there wasn't somewhere you can do an online degree in the application of IT for cost savings in healthcare.
Re:The University Has No Clothes
by yummyfajitas on Sunday May 22, 2011 @03:28PM
(#2574015)
So far, I don't think the computing revolution has significantly affected healthcare or educational productivity.
Until we start replacing teachers with Khan or similar products, productivity is capped at # of students=~30 x number of teachers. Same for medicine.
Re:The University Has No Clothes
by ZackOfAllTrades on Sunday May 22, 2011 @01:57PM
(#2573782)
Click this: http://en.wikipedia.org/wiki/Baumols_cost_disease
A ' was forgotten
404?
Re:The University Has No Clothes
by ZackOfAllTrades on Sunday May 22, 2011 @10:00PM
(#2574782)
The hyperlink is taking out the ' for some reason. Not sure why exactly.
It must be some protection against code injection. Here is the link in a different format, avoiding the explicit single quote: http://en.wikipedia.org/wiki/Baumol%27s_cost_disease
For a fun-time experiement, plot college cost vs. :
minimum wage inflation health care
since the 70s or so.
Right around 1980ish, health care and college costs started heading for the roof relative to inflation.
edit: I haven't worked the math to differentiate between average cost of ivy league schools and average cost of state schools. I think the current difference sits at 4x or so for list price.