Friday, April 5, 2024

Addendum, on declining financial returns for a university education.

My one (half British) (half Sudanese) friend (the brother of the brother-sister pair) already said a while back now that the educational system in the West will truly fall apart when it's the MBAs and the MDs who can't make any money.

They're like the two last redoubts where the assumption of massive payback is unassailable, and once they're severely eroding or mostly gone and those grads are stuck with the debt, there's nothing left to say or to hope for, and everything will truly be gone.

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