Elite ed may be overvalued, but comparing it to the 2007 housing bubble seems odd. Less than 1% of undergrads are at Ivy League institutions. 0.3%, according to recent numbers on wikipedia.
“Mass delusion about underlying value” — there might be something to that. But evaluating value for an undergrad degree is nontrivial.
I think one story about higher ed that needs to be told is how “eliteness” is no longer monopolized by the Ivy League. Perceived prestige is stuck in the usual places, but actual value and performance is spread around a bit more than it used to be.
Spencer LaVere Smith
npub1yl…dq722
2024-12-10 05:30:51 UTC
in reply to nevent1q…w8hs
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wss://relay.momostr.pinkPublished at
2024-12-10 05:30:51 UTCEvent JSON
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