Peter Thiel: We’re in a Bubble and It’s Not the Internet. It’s Higher Education.

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as unemployment hovers around double digits, the cost of universities soars and kids graduate and move back home with their parents, the once-heretical question of whether education is worth the exorbitant price has started to be re-examined

Something to really think about

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Comments & Reactions

  • damienarlabosse liked this 5 years, 6 months ago
  • annabassham

    Posted by annabassham 5 years, 6 months ago

    Um...yeah. Last week I was in a taxi and the taxi driver had been a doctor for many years before losing his job. He took what he could find. So many of my college classmates (graduates) never began their intended careers, and now they're working in retail or behind a cash register.


    Posted by JoeMagennis 5 years, 6 months ago

    Anna .. I half jokingly say that I am going to teach my kids a trade and they will be better off. You can live anywhere, be happy, and make a living fixing people's plumbing.


    Posted by annabassham 5 years, 6 months ago

    Joe, Not a half-bad idea. ;)


    Posted by kyle 5 years, 6 months ago

    I know a kid in upstate NY that learned to be a pipe-fitter from his father, makes good $$$ now. Never went to college.

  • annabassham

    Posted by annabassham 5 years, 6 months ago

    Though I didn't go to Harvard I was educated to believe the same thing: "The idea that attending Harvard is all about learning? Yeah. No one pays a quarter of a million dollars just to read Chaucer. The implicit promise is that you work hard to get there, and then you are set for life. It can lead to an unhealthy sense of entitlement. 'It’s what you’ve been told all your life, and it’s how schools rationalize a quarter of a million dollars in debt,' Thiel says."

  • kyle saved this to We Are Screwed 5 years, 6 months ago

    ↳ with the following annotation

    I definitely think this is going to be a problem moving forward. Education in this country is stupid $$$.

  • JoeMagennis saved this to Education 5 years, 6 months ago

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