Authored by Mike Krieger via Liberty Blitzkrieg blog,
Over the next ten years, I suspect the concept of a college education will be questioned to such an extent, and by so many people, that all assumptions we currently hold dear will be discarded. The spark for this momentous shift will start, as is so often the case, with simple economics.
Too many young people have taken on too much debt to get jobs that didn’t require this education they were told they needed. We quite literally have an entire generation that understands this intimately, and this understanding will shape the way they see college, and education in general, as they raise kids of their own.
As I write this, I’m excited to say we live in one of the most extraordinary times in human history. The old way of doing things in virtually every aspect of human civilization has either broken down, or is breaking down as I write this. Communications, media, finance, money itself, etc. The list is seemingly endless, and education is no exception. In fact, I think education is an example of extremely low-hanging fruit and will be disrupted and decentralized in unimaginable ways in the years ahead.
If it was just a function of student debt, the changes in how human education functions going forward wouldn’t be as extreme as I expect. As I mentioned earlier, the problem of widespread debt serfdom is merely a catalyst for the paradigm level change I foresee. As younger generations who grew up with the internet start to question how schooling works, from kindergarten to grad school, it’ll become very apparent how archaic and stifling our current methods really are. I already highlighted many examples of this in Parts 1 and 2, so I’m not going to repeat myself. Today’s post will center around the concept of college, and whether or not people will perceive it as a useful experience in the decades to come. I suspect not.
Continue reading here.
