Something that would cost virtually nothing compared with the cost of tuition is for the IRS to connect with the department of education and help students as consumers to make an informed decision about schools and financial outcomes.
An opaque system will never lead to price reductions. I want to know average salary 1, 10, and 20 years after graduating for each school and each major at the school.
Some might think it’s a bit too on the nose to think in purely financial terms about education. Fine. They can ignore the price tags. But let’s not pretend there’s no relationship between software engineering salaries, companies’ almost uniform requirement of a CS degree, and the thousands of students lining up for said degrees willing to pay whatever it takes.
Here’s another idea. How about the billionaires who say America doesn’t know how to build anymore, how about they create a new computer science university? Undercut the competition, give students an education at scale. Hire leading researchers to teach classes. Students who want to pay full sticker price at a legacy school can continue to do so.
An opaque system will never lead to price reductions. I want to know average salary 1, 10, and 20 years after graduating for each school and each major at the school.
Some might think it’s a bit too on the nose to think in purely financial terms about education. Fine. They can ignore the price tags. But let’s not pretend there’s no relationship between software engineering salaries, companies’ almost uniform requirement of a CS degree, and the thousands of students lining up for said degrees willing to pay whatever it takes.
Here’s another idea. How about the billionaires who say America doesn’t know how to build anymore, how about they create a new computer science university? Undercut the competition, give students an education at scale. Hire leading researchers to teach classes. Students who want to pay full sticker price at a legacy school can continue to do so.
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