Administrative bloat, piles of student debt hint colleges a legacy system - Nooganomics
print By Charles Hugh Smith Once we accredit the student, not the institution, existing universities will compete directly with Nearly Free Universities not in issuing diplomas but in how much students actually learned and mastered. One of the key insights from recent work in psychology is that humans tend to substitute easier problems rather than solve difficult problems. Daniel Kahneman explained this dynamic in his recent book Thinking, Fast and Slow. To “solve” a difficult problem we are