= University has become a luxury item
https://medium.com/left-right/the-education-system-is-about-to-implode-5c95f774b523 The Education System is About to Implode by Nicholas Budny (2020)
\Q[<Stanford>, <MIT>, <Harvard> and Oxford are luxury goods in the same sense that a Mercedes-Benz might be, or the latest <iPhone>. They sell an aesthetic experience that provides the consumer with social status, similar to acquiring expensive clothes or a fancy house.]
\Video[https://youtu.be/hIdsjNGCGz4?t=178]
{title=Bar scene from Good Will Hunting}
{description=
This scene is way way overdone. But:
\Q[
Hero: You wasted \$150,000 on an education you coulda got for \$1.50 in late fees at the public library.
Bad guy: Yeah, but I will have a degree. And you'll be serving my kids fries at a drive-through on our way to a skiing trip.
]
}