Updated: Published
Can we address this line of thinking -"We must demolish diploma factories"? The hubris and the arrogance abounds. If we can take anything away from 2020 it is this, the traditional brick and mortar school needs rethought. It no longer serves a purpose, and is not what the future holds in terms of efficiency and sustainability.
The original post below this one fails to recognize the actual problem our society faces, that being "traditional universities". These institutions no longer exist to produce a beneficial product, if this was the case we would not have thousands of people demanding loan forgiveness; if the product is sound, why would it need subsidized?
The real problem is simply this, universities are now centers to push one-sided ideologies, redistribute wealth through preferenced funding, and ultimately prop up a bankrupt government through 7% interest rate loans. Why do you think programs that could once be finished in 1.5 years, paid for by hospital systems/practices/clinics, now take upwards of 3.5 years, with tuition costs that have went beyond the moon; it makes no sense, even more so when you account for the much discussed provider shortage. These dudes are lining their pockets fraudulently, and it is at the cost of students and subsequently patients.
Imagine if banks were doing what FASFA and the universities have been doing for the last 3 decades. People would be in the streets rioting. "Fraudulent business practices" would be the term of the day. Unfortunately, these institutions get a hard pass, mainly due to people like the OP below that feel there is a certain prestige associated with given schools.
I live in Western PA, I went to a 3.5 year program that cost me roughly 27k, I would be hard pressed to go to a "respected school" that would cost someone like me +$90k. I passed my boards the same as the OP did, I and I am told, that I do a pretty good job.
Ultimately, knowledge is being decentralized at a rapid pace, we would do well to recognize this and stay with the times. I can buy lectures, given by Harvard historians, for $10 on Amazon, hours of content! If Harvard is your thing, why can't we make all these lectures available and free for all? Share the wealth so to say? In the coming future, there will likely no longer be a monopoly on knowledge, as such the current cost of tuition should no longer be defended, and we should leave arrogance of "prestigious institutions" at the door.