This week's econ talk, coincidentlly or not, is robert lorman talking about apprenticeships. One of the stranger things about so called professional training in the american university system is that you're taughtin theory of the activity, not the actual act of it. So in education, degree doesn't teach you how to be a teacher. It teaches you theories of education. Accounting professors want to teach about theories of accounting. They're not so concerned with your being a great accountant. And one of the advantages of that more practical side, if that's what you are looking for, is you can actually figure out if you care to like it or not.
In this c750th (!) episode, Duke University's Michael Munger talks with EconTalk host Russ Roberts about whether the pandemic might create an opportunity for colleges and universities to experiment and innovate. Munger is Professor of Political Science, Economics and Public Policy at Duke. He believes "top" schools can emerge from the current period of uncertainty to thrive in the long run. The path for "second-tier" institutions could be more difficult. They will still face the challenges that existed before the pandemic: competition from online classes and a shrinking pool of new applicants ready to pay high tuition bills.