No, I <i>refuse to buy lottery tickets</i>.<p>What we are really seeing here is market forces that make the current university structure -- with its emphasis on research over quality of teaching -- a terrible product, just like a lottery ticket is a terrible product. Smart consumers don&#x27;t spend £9,000 a year on lottery tickets.<p>At the moment, the universal desire for a degree from an accredited college is propping up these institutions. But that&#x27;s going to go away someday.<p>And in the Information Age, I have plenty of &quot;access to an infrastructure&quot; outside of the university walls. There is not a single thing I learned academically from my pricey MIT degree that I could not have learned by reading textbooks and websites on my own. (And most of the time I <i>did</i> learn that way, better than from lectures.) But I wouldn&#x27;t have been able to put &quot;MIT graduate&quot; on my resume and I wouldn&#x27;t have gotten the connections out of it. So that&#x27;s why I went.