The mean household assets of the 1% exceeds $10 million. My wife and her brother both graduated from Harvard. Their parents paid for their expenses out-of-pocket. My in-laws were nowhere near the 1%. My FIL was an attorney and a member of Governor Kerner's Human Rights Commission. My wife's mother was a freelance writer who had published a couple of books and many articles in popular magazines. Both my wife and my brother-in-law received excellent educations. Yes, Nick, they were well-educated before they got to Harvard.
Frank --- Frank C. Wimberly 140 Calle Ojo Feliz, Santa Fe, NM 87505 505 670-9918 Santa Fe, NM On Fri, May 29, 2020, 9:08 AM Prof David West <[email protected]> wrote: > Scott Galloway (professor at Stern School of business and supposed > authority) on universities post COVID. > > Fifty percent of the investment in prestige university education is for > 'certification' — degree that signals your lifetime earnings. The Harvard > brand is strong enough that students will accept an inferior educational > experience. The fifty biggest university brands, Harvard, Stanford, etc, > will partner with tech giants like Apple or Facebook to create a hybrid > university, most others will hollow out and die like the large department > store chains. Dorm life and in-person experience will be reserved for > children of the 1%. > > Pretty bleak and a commentary on previous FRIAM conversations about > education and elite universities. > > davew > > -- --- .-. . .-.. --- -.-. -.- ... -..-. .- .-. . -..-. - .... . -..-. . > ... ... . -. - .. .- .-.. -..-. .-- --- .-. -.- . .-. ... > FRIAM Applied Complexity Group listserv > Zoom Fridays 9:30a-12p Mtn GMT-6 bit.ly/virtualfriam > un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com > archives: http://friam.471366.n2.nabble.com/ > FRIAM-COMIC <http://friam.471366.n2.nabble.com/FRIAM-COMIC> > http://friam-comic.blogspot.com/ >
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