I'll give you a reason. Women will have to pay off their student loans on their own. They aren't going to college to get an Mrs. anymore. They're going expecting that sugar daddies from Seeking Arrangement are going to pay their way. Two things are going to happen and will likely happen at the same time, the debt market for student loans is going to fall through the floor and employers are going to see that having a college degree takes away value from a prospective employee. I can imagine all the SJWs howling. -Fuzziewuzziebear
If we stop letting banks pass on student loans to the government, they'll look at worthless degree plans, conclude that the empty-headed darlings are going to declare bankruptcy practically _en masse_, and refuse the loans. (At least to girls that can't claim some sort of minority status.)
A recent Econtalk had this clear observation on what is needed from the modern college education while the universities still teach the old "artificial intelligence". Today, your degree needs to train you to be able to go beyond what the professors teach or can do. Problem solving. In truth this is also the trend in the non-college. To repair a modern car, you have to be able to work through the systems and solve problems the manufacture never thought could happen.
"But, I want to go to the other end of the spectrum, which is intellectual services. It used to be, if you wave your Bachelor's degree, you're going to get a great job. When I graduated from college, it was a sure thing that you'd get a great job. And, in college, you'd basically learned artificial intelligence, meaning, you carried out the instructions that the faculty member gave you. You memorized the lectures, and you were tested on your memory in the exams. That's what a computer does. It basically memorizes what you tell it to do.
"But now, with a computer doing all those mundane, repetitive intellectual tasks, if you're expecting to do well in the job market, you have to bring, you have to have real education. Real education means to solve problems that the faculty who teach don't really know how to solve.
"And that takes talent as well as education.
'So, my view is we've got to change education from a kind of a big Xerox machine where the lectures are memorized and then tested, into one which is more experienced-based to prepare a workforce for the reality of the 20th century. You've got to recognize that just because you had an experience with, say, issues in accounting, doesn't mean that you have the ability to innovate and take care of customers who have problems that cannot be coded."
--Ed Leamer on Manufacturing, Effort, and Inequality, Econtalk, April 13, 2020
I'll give you a reason. Women will have to pay off their student loans on their own. They aren't going to college to get an Mrs. anymore. They're going expecting that sugar daddies from Seeking Arrangement are going to pay their way. Two things are going to happen and will likely happen at the same time, the debt market for student loans is going to fall through the floor and employers are going to see that having a college degree takes away value from a prospective employee. I can imagine all the SJWs howling.
ReplyDelete-Fuzziewuzziebear
If we stop letting banks pass on student loans to the government, they'll look at worthless degree plans, conclude that the empty-headed darlings are going to declare bankruptcy practically _en masse_, and refuse the loans. (At least to girls that can't claim some sort of minority status.)
ReplyDelete"At least the girls can't claim some sort of minority status"
DeleteYet
A recent Econtalk had this clear observation on what is needed from the modern college education while the universities still teach the old "artificial intelligence". Today, your degree needs to train you to be able to go beyond what the professors teach or can do. Problem solving. In truth this is also the trend in the non-college. To repair a modern car, you have to be able to work through the systems and solve problems the manufacture never thought could happen.
ReplyDelete"But, I want to go to the other end of the spectrum, which is intellectual services. It used to be, if you wave your Bachelor's degree, you're going to get a great job. When I graduated from college, it was a sure thing that you'd get a great job. And, in college, you'd basically learned artificial intelligence, meaning, you carried out the instructions that the faculty member gave you. You memorized the lectures, and you were tested on your memory in the exams. That's what a computer does. It basically memorizes what you tell it to do.
"But now, with a computer doing all those mundane, repetitive intellectual tasks, if you're expecting to do well in the job market, you have to bring, you have to have real education. Real education means to solve problems that the faculty who teach don't really know how to solve.
"And that takes talent as well as education.
'So, my view is we've got to change education from a kind of a big Xerox machine where the lectures are memorized and then tested, into one which is more experienced-based to prepare a workforce for the reality of the 20th century. You've got to recognize that just because you had an experience with, say, issues in accounting, doesn't mean that you have the ability to innovate and take care of customers who have problems that cannot be coded."
--Ed Leamer on Manufacturing, Effort, and Inequality, Econtalk, April 13, 2020