The University System Is Worse Than You Think
Making the Argument with Nick Freitas
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Rising Tuition Costs and the Value of Higher Education
Exploring the exponential increase in tuition fees since the 80s, the chapter discusses the reasons behind this surge, focusing on the growth of administrative expenses within universities and the diminishing view of higher education's worth. It contrasts the labor efficiency in academia versus other industries due to technological advancements, leading to the inflated significance of college degrees in sectors like Hollywood and Silicon Valley. The chapter highlights the cycle of privilege within universities, the impact of federalized student loans, and the societal pressure surrounding college degrees, shedding light on the flaws and elitism entrenched in the higher education system.
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