1)Data A Girardian Case for PhDs by Publication
2)Data The Game Theory of MD Shortages(MAYBE How to Train Faster) T...
Education and research cost money. Tuition is just 1 of many ways to get that money. Without debt collection, banks and financers would stop talking to universities. There would be a shift to collecting taxes from none student citizens, and the best and brightest minds would flee academia.
They would go to sectors were all of the financing, debt and credit was allowed.
Also, education will be moving away from Universities in the next 5 years, so I think it would be a good time to ask for that forgiveness at that point.
Am in support of your provided data Alexander Ohnemus
Imo, Jesse Daniel Brown has given a reasonable explanation of the university (financing) problem, in terms of economic organization of academia.
With respect to his prediction, formulated in the last sentence, I do also think that the information age will change education and research drastically, also in terms of accreditation standards, i.e. access to higher learning and earning pathways.
___________
The real University, he said, has no specific location. It owns no property, pays no salaries and receives no material dues. The real University is a state of mind. It is that great heritage of rational thought that has been brought down to us through the centuries and which does not exist at any specific location. It's a state of mind which is regenerated throughout the centuries by a body of people who traditionally carry the title of professor, but even that title is not part of the real University. The real University is nothing less than the continuing body of reason itself. In addition to this state of mind, 'reason,' there's a legal entity which is unfortunately called by the same name but which is quite another thing. This is a nonprofit corporation, a branch of the state with a specific address. It owns property, is capable of paying salaries, of receiving money and of responding to legislative pressures in the process. But this second university, the legal corporation, cannot teach, does not generate new knowledge or evaluate ideas. It is not the real University at all. It is just a church building, the setting, the location at which conditions have been made favorable for the real church to exist.
Robert Pirsig,
Zen and the Art of Motorcycle Maintainance
Providing publications have been peer reviewed, it might be possible to grant PHDs to works that add to the pool of knowledge (it happens in the UK). Problem is that many publications do not always meet the rigours of an academic approach and rather than add to our knowledge, they confuse.
yes Finance is a problem but shoddy research could cost companies and finance providers with large litigation costs on flawed research. For many academics the cut and thrust of academia helps to focus their minds on well prepared methods, results and importantly conclusions.
If a nation wants to develop research for financial and technological advancements it has to find a variety of different ways to fund world class research