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Showing posts from October, 2012

Two problems with post-secondary education in the U.S.

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Two fairly obvious problems with college education in America are the following:
Tuition rates rising much faster than inflationMany jobs require technically unnecessary 4-year college degrees from applicants. (e.g. data entry, administrative assistance, skilled or unskilled labor, etc) Most people recognize these two problems exist, and I would like to diagnose some of the causes. I propose that each of these problems is due to a feedback loop that naturally develops due to market forces. In simplified version, they are as follows: