<[email protected]> wrote:
> This is bullshit and they know it.
>
> An "elite" eduction is a scarce good. Otherwise, it's not "elite."
>
> It's not about what you learn; it's about who is sitting next to you in
> class and who his parents are.
>
> At the point where millions of students can get an elite degree by way of
> the internet, the elite degree will be worthless.


right.

Also, they write that >The fact is, students do not need to be on
campus at Harvard or MIT to experience some of the key benefits of  an
elite education.<

This totally ignores the role of contact with actual professors in
networking, mentoring, etc. And that much of education (including
networking) occurs because geographical proximity allows students to
teach each other (often things that don't appear in class).


-- 
Jim Devine / "As far as the laws of mathematics refer to reality, they
are not certain; and as far as they are certain, they do not refer to
reality." -- Albert Einstein
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