University has become a luxury item

medium.com/left-right/the-education-system-is-about-to-implode-5c95f774b523 The Education System is About to Implode by Nicholas Budny (2020)

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 3.

Bar scene from Good Will Hunting

. Source. This scene is way way overdone. But:

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.

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