Education Is Cheap
Students in our society often complain about the high cost of education (tuition, textbooks, etc.). Yet because they stay enrolled, we know that eduction is still too cheap.
- If consumers are unhappy but still elect to purchase a service or item, then that service or item's demand is inelastic and the proper economic course from the supplier's point of view is to increase the selling price as much as possible. This is Economics 101. I mean, you believe in Capitalism, don't you?
- Besides, too many kids are enrolled as it is. If one does not get a job in their chosen field after graduation, then the education conferred is wasted (as all too many bartenders can attest). Increasing the cost of education is the surest way to limit the number of casual degrees granted, as at some point (i.e. at some cost) only serious students will apply.
- I believe that free access to education maximizes the Human Potential. But all too often, this has little to do with going to college. In our society, access to knowledge is already free via public libraries and the Internet. All a person really needs is The Will and they will learn what they want to know.
- As proof of this, I submit that I learned how to code and write on my own. Thus, these web pages are both my Thesis and Doctoral Dissertation.
© copyright 2013 Brett Paufler
Very few adults return to college after graduation, but almost all continue to learn (one thing or another) until the day they die. That in itself is perhaps the best proof there is that College as an Institution has taken a divergent path away from learning and education.