The Prof G Pod with Scott Galloway

No Mercy / No Malice: Rot

24 snips
Feb 3, 2024
The decline of elite American universities raises questions about opportunity and integrity. Administrative bloat and hefty student debt create barriers for lower-income students. The role of Diversity, Equity, and Inclusion positions is critiqued for contributing to bureaucratic excess without aiding deserving students. There’s a push for federal investment in public education and a need for reforms in university funding structures. The shift away from higher education reflects societal challenges, highlighting a pressing need to rethink opportunity for future generations.
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INSIGHT

Higher Ed's Reversal

  • Elite universities are becoming finishing schools for the wealthy, reversing their role in upward mobility.
  • This shift contradicts the American ideal of opportunity, exemplified by the progress seen in 1983.
ANECDOTE

UCLA 1983

  • Scott Galloway recalls attending UCLA in 1983 with a 76% admissions rate and $1,350 tuition.
  • He observes that while surface-level aspects of education may appear similar today, the return on investment has significantly decreased.
INSIGHT

Unequal Progress

  • While elite degrees still increase earning potential, the rising tuition costs diminish purchasing power.
  • Affirmative action based on income rather than race would address diversity more effectively.
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