I don't understand why the college campus, with its monumental costs and inconvenient access, continues to exist.
Entities should be created to aggregate course credits and award degrees, with students able to take courses anywhere (in-person in individual
hotel rooms, apartments, and, where necessary, classrooms and labs) and offered by professional associations, private education companies, and yes, traditional colleges and universities.
I understand that traditionally, high school graduates
view the campus experience as a halfway house between living with their parents
and independent adulthood, but the price has become absurd: $250,000 sticker price for four years at brand-name private colleges--and most students take longer than four years. Yet students, ever afraid to not do what their friends do, go--After all, their parents are paying. And parents, nostalgic for their own college years, and not wanting to even be perceived as short-changing their child, suck it up, sacrifice their financial security and more, and pay the inconceivably large amount, or stick their head in the sand by taking on massive amount of student loan, practically the only loan--thanks to the higher education lobbying machine-- that is almost impossible to discharge in bankruptcy.
It is a travesty that student fees
subsidize universities' research, the vast majority of which is apriori known to
be a terribly cost-ineffective use of student and taxpayer money. In addition, it's forced charity--much of the sticker price is redistributed to the poor, and to a lesser extent to athletes, "underrepresented" minorities, etc. It's also wrong that students and taxpayers be forced to pay for swimming pools, golf courses, etc. HERE is quite an example.
The college campus has become an expensive dinosaur and deserves to become extinct.