In a case of the worst person you know makes a great point, Jordan Peterson was remarking a few years back about how Youtube and MOOC's were really the new universities of the modern age. If you want knowledge it's there for the taking.
The legacy institutions really are just a stamp / sorting hat for young people these days.
For the money people spend these days on education, you'd think there'd be grounds for refunds based on false advertising of the product.
I think that's not true. What I gain from university are three things:
1. Experts who compile/write the theoretical materials necessary (usually long form text, scripts).
2. The necessary pressure to actually read and understand these in order to pass the exams.
3. Social connections and the ability to work on interesting projects supervised by lecturers with experience and connections (clout if you will).
It's not that much deeper. The actual classroom is a nice "sugar" but that's not where the real learning and understanding happens in my experience.
Videos are okay in order to learn but imo text is always much better. Sure you could compile this all yourself but the university provides a good path and everything around it for you to succeed.
Exactly. A degree is not merely a proof that you've been exposed to, and temporarily retained, a certain set of knowledge, but proof you can work towards longterm (4yr) and short-term (quiz on Friday, homework tomorrow) goals successfully.
College is 100x less forgiving of missing deadlines than the real world of jobs, for instance - but then, in college the only serious source of delays is yourself and your choices. It's actually quite a good litmus test for the ability to apply oneself towards externally imposed goals - which is most of what a job entails.
The thought experiment I do when speaking with graduates is: assume you could just buy the certificate from the institution you went to for the same price as the tuition you paid, would you do that?
I do not always get a "yes" but most of the time I do.
These are generally people who went to top universities and now have well paying and respected jobs. I suspect if I asked most students of lower tier universities the answer would be "I'd rather pay for neither".
Thankfully, things are generally shifting, there is a push for apprenticeships and one can even become a solicitor or barrister via the apprenticeship route now. University will go down as one of the largest economic wastes in human history.
The legacy institutions really are just a stamp / sorting hat for young people these days.
For the money people spend these days on education, you'd think there'd be grounds for refunds based on false advertising of the product.