I think Matt Yglesias nailed this the other day. Make students at elite schools study a lot harder, and several problems will be solved simultaneously.
Kids who know what it's like to spend four years at one of those schools, and who either can't hack it or don't want that kind of college experience, won't seek to enroll for signaling rea…
I think Matt Yglesias nailed this the other day. Make students at elite schools study a lot harder, and several problems will be solved simultaneously.
Kids who know what it's like to spend four years at one of those schools, and who either can't hack it or don't want that kind of college experience, won't seek to enroll for signaling reasons. The campuses will drastically reduce their output of [waves hands] all the things that make the broader society dislike them. And employers will become much more confident that having a degree from one of those schools actually means what everyone is supposed to pretend that it means.
I think Matt Yglesias nailed this the other day. Make students at elite schools study a lot harder, and several problems will be solved simultaneously.
Kids who know what it's like to spend four years at one of those schools, and who either can't hack it or don't want that kind of college experience, won't seek to enroll for signaling reasons. The campuses will drastically reduce their output of [waves hands] all the things that make the broader society dislike them. And employers will become much more confident that having a degree from one of those schools actually means what everyone is supposed to pretend that it means.