Libertarian's Forum
Libertarian Forum to discuss politics and free market economics.
Libertarian's ForumLibertarian's ForumFreedom Forum › Higher Education is a Bubble
Page Index Toggle Pages: 1 2 [3] 4 5 6 Send TopicPrint
Very Hot Topic (More than 25 Replies) Higher Education is a Bubble (Read 839 times)
Jeff
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 42703
Location: USA
Joined: Feb 26th, 2014
Re: Higher Education is a Bubble
Reply #20 - Jan 12th, 2019 at 1:45pm
Print Post  
kaz wrote on Jan 12th, 2019 at 12:41pm:
If you have legitimate market based technical skills and can't get a job right now, something is going on there.   You're doing something wrong
Could be you live in the wrong place and will have to move...
  
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 7988
Location: Kazmania
Joined: Jun 6th, 2017
Re: Higher Education is a Bubble
Reply #21 - Jan 12th, 2019 at 1:48pm
Print Post  
Jeff wrote on Jan 12th, 2019 at 1:45pm:
Could be you live in the wrong place and will have to move...


Proving the fallacy of the old adage there are no stupid questions yet again.

Yes, Jeff, that's an example of exactly what I said
  

Contest winner:  I predicted Kaz' meltdown
Back to top
 
IP Logged
 
Jeff
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 42703
Location: USA
Joined: Feb 26th, 2014
Re: Higher Education is a Bubble
Reply #22 - Jan 12th, 2019 at 2:32pm
Print Post  
kaz wrote on Jan 12th, 2019 at 1:48pm:
Proving the fallacy of the old adage there are no stupid questions yet again.

Yes, Jeff, that's an example of exactly what I said
I can give more if you want...
  
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 9718
Joined: Apr 30th, 2014
Re: Higher Education is a Bubble
Reply #23 - Jan 12th, 2019 at 3:46pm
Print Post  




  

This moral relativism of yours is exactly what lets government take this freedom, then that freedom, until we have lost them all.
-SnarkySack
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 7988
Location: Kazmania
Joined: Jun 6th, 2017
Re: Higher Education is a Bubble
Reply #24 - Jan 12th, 2019 at 4:03pm
Print Post  
The Opposition wrote on Jan 12th, 2019 at 3:46pm:


All this says is many people regret the time and money of going to college.  No one disputed that.  Spending Harvard money on a psych degree is almost always crazy
  

Contest winner:  I predicted Kaz' meltdown
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 9718
Joined: Apr 30th, 2014
Re: Higher Education is a Bubble
Reply #25 - Jan 12th, 2019 at 4:14pm
Print Post  
kaz wrote on Jan 12th, 2019 at 4:03pm:
All this says is many people regret the time and money of going to college.  No one disputed that.  Spending Harvard money on a psych degree is almost always crazy


Yes, I know this is a populist argument, but four thousand people upvoted a comment that indicates there is deception on the part of the employers. Clearly they feel deceived.

My actual case is simply this: Why would there not be this deception?

All employers gain when everyone is overeducated, but all workers lose, since they all spent money on the same purely competitive advantage.
(They all had the same thought. "Hmm. I won't get into the Adventurer's League with all these yahoos here, so let me go out and buy a +1 longsword." They all went out and bought +1 longswords, the Adventurer's League gave the jobs to exactly the people they would have otherwise, and all adventurers lost.)

Colleges gain when people speculatively invest their money in degrees.

If the bubble is let to burst, colleges and employers are hurt. The government is also hurt in this case, since they back student debt.

This is meant to be an inductive rather than a deductive case, but I think it's a strong one.
  

This moral relativism of yours is exactly what lets government take this freedom, then that freedom, until we have lost them all.
-SnarkySack
Back to top
 
IP Logged
 
kaz
Libertarian Freedom Member
*****
Offline

Minarchist

Posts: 7988
Location: Kazmania
Joined: Jun 6th, 2017
Re: Higher Education is a Bubble
Reply #26 - Jan 12th, 2019 at 4:26pm
Print Post  
The Opposition wrote on Jan 12th, 2019 at 4:14pm:
Yes, I know this is a populist argument, but four thousand people upvoted a comment that indicates there is deception on the part of the employers. Clearly they feel deceived.

My actual case is simply this: Why would there not be this deception?

All employers gain when everyone is overeducated, but all workers lose, since they all spent money on the same purely competitive advantage.
(They all had the same thought. "Hmm. I won't get into the Adventurer's League with all these yahoos here, so let me go out and buy a +1 longsword." They all went out and bought +1 longswords, the Adventurer's League gave the jobs to exactly the people they would have otherwise, and all adventurers lost.)

Colleges gain when people speculatively invest their money in degrees.

If the bubble is let to burst, colleges and employers are hurt. The government is also hurt in this case, since they back student debt.

This is meant to be an inductive rather than a deductive case, but I think it's a strong one.


Employers gain - How do we gain by having people more educated than the position we're hiring for?  They want more money than they deserve, they are unrealistic.  Don't get how this benefits me

Employees lose.  by being overeducated?  Damn straight they do

Colleges gain.  Yep

The government loses.  No, the government is buying dependency and this gives them more power.  And the government creates nothing, they only confiscate money.  This is a total win for government
  

Contest winner:  I predicted Kaz' meltdown
Back to top
 
IP Logged
 
The Opposition
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 9718
Joined: Apr 30th, 2014
Re: Higher Education is a Bubble
Reply #27 - Jan 12th, 2019 at 5:02pm
Print Post  
kaz wrote on Jan 12th, 2019 at 4:26pm:
Employers gain - How do we gain by having people more educated than the position we're hiring for?  They want more money than they deserve, they are unrealistic.  Don't get how this benefits me


Because you don't have to give them what they want. If it's unrealistic, no one else will give it to them either.

And you win because you get a free +1 longsword. (These overeducated applicants do bring more skills to the table then undereducated applicants, and because all are overeducated, you don't have to pay for it.)

kaz wrote on Jan 12th, 2019 at 4:26pm:
Employees lose.  by being overeducated?  Damn straight they do

Colleges gain.  Yep

The government loses.  No, the government is buying dependency and this gives them more power.  And the government creates nothing, they only confiscate money.  This is a total win for government


If the bubble bursts, then the government loses.
  

This moral relativism of yours is exactly what lets government take this freedom, then that freedom, until we have lost them all.
-SnarkySack
Back to top
 
IP Logged
 
Jeff
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 42703
Location: USA
Joined: Feb 26th, 2014
Re: Higher Education is a Bubble
Reply #28 - Jan 12th, 2019 at 8:42pm
Print Post  
The Opposition wrote on Jan 12th, 2019 at 4:14pm:
Yes, I know this is a populist argument, but four thousand people upvoted a comment that indicates there is deception on the part of the employers. Clearly they feel deceived.

They could quit and seek counseling...

If they have evidence of crimes, they are morally and legally obligated to come forward with the evidence.

What does this have to do with me?
  
Back to top
 
IP Logged
 
Jeff
Libertarian Freedom Member
*****
Offline

Libertarian's Forum

Posts: 42703
Location: USA
Joined: Feb 26th, 2014
Re: Higher Education is a Bubble
Reply #29 - Jan 12th, 2019 at 8:44pm
Print Post  
The Opposition wrote on Jan 12th, 2019 at 5:02pm:
If the bubble bursts, then the government loses.
Loses what? Do you have any idea what we are talking about?

Don't give me any "things are different on Vulcan" shit. Thanks.
  
Back to top
 
IP Logged
 
Page Index Toggle Pages: 1 2 [3] 4 5 6
Send TopicPrint
 
Libertarian's ForumLibertarian's ForumFreedom Forum › Higher Education is a Bubble
Libertarian's Forum

Libertarian's Forum Information Rules, Agreement and Privacy Policy