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Want to make college more affordable? Reform the accreditation system

15 pointsby sylvainkalacheover 7 years ago

1 comment

HarryHirschover 7 years ago
It&#x27;s difficult to follow the line of argument, but it seems to go like this: accreditation is de facto mandatory and creates an artificial shortage of colleges, keeping tuition high. By getting rid of accreditation new players will enter the education market and competition will reduce prices.<p>It&#x27;s at odds with reality. Accreditation has been around since the 1900s, whereas tuition began to rise disproportionately in the mid-1980s. Also, bootcamps are very lightly regulated, and we are seeing that market collapse.<p>Why not try what works in most European countries: fund colleges adequately and shift the burden of the cost from the individual to society as a whole?
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