Governments have overestimated the economic returns of higher education
This was mentioned in another comment but nothing about &quot;education&quot; is about actual education. It&#x27;s primarily about credentialisim and not being locked out of a career with a high ceiling.<p>Though I disagree with many of his political opinions Peter Thiel I think is right on the mark when it comes to education. Additionally credentials serve to lock people out of careers where they can thrive except for the rubber stamp of a piece of paper.<p>In the words of Syndrome &quot;if everyone is super, no one is&quot;. If every one has a BS&#x2F;BA , masters, PHD then in a real sense no one really does.<p>(Added after reading critical comments: &quot;Nothing&quot; is to strong of a word. With that said I still think most of education is about signaling&#x2F;credentialism etc.)