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How is this the fault of the institute? If people are pursuing what they want, and the institute is providing it, then they are succeeding in sharing knowledge. Isn't this the mission statement of most colleges and universities? There are reasons schools like ITT and University of Phoenix exist; and a whole different reason for schools like MIT, RIT, Standford, etc. to exist.

People need to realize that there is no need for 175k history major graduates each year and that they will probably never use their degree. The same goes for many other majors, but you know what, if you love it, pursue it, right? Isn't that what entrepreneurship is all about? Just be realistic about your path.

If the cost of schooling is getting out of hand then the people paying for it should do something about it, as some already are. See University of Puerto Rico: http://www.workers.org/2010/world/upr_0520/



The issue isn't that 175k students love history. The issue is that 175k students have been told "This degree will teach you how to think, not what to think", and that they will learn how to free their minds while contributing to the cultural dialog of the nation. It's a great hook, but it's not always true.

Reality - arts degrees don't teach you how to think. They teach you how to argue more forcefully - give three reasons and a summary, not just one reason. Also, pretend to have considered the other side of the case before you dismiss it.

Reality - this cultural dialog is a bunch of guys with no idea of business or economics arguing about what is, essentially, business and economics.




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