> Colleges are really just real estate speculation businesses that also incidentally give you a degree in dentistry or whatever.
If that’s true, wouldn’t it explain why colleges do things that don’t make sense for education?
0 - Well There’s Your Problem Podcast, Episode 71
> Colleges are really just real estate speculation businesses that also incidentally give you a degree in dentistry or whatever.
Why would that incentivize colleges to enroll more students? How does college as real estate speculation business work?
even our signal processing wiring, with each lopsided neuron merging many inputs into a single output, is biased toward obligate compression.
such contextualization does indeed impair portability...
That's quite materialistic take - I think the jury is still out on whether mind is inseparable from material reality (even if we treat it only as an emergent phenomena)
Instead, consider that survival is almost always one of the main goals of any larger organization. That happens for a variety of personal, individual reasons: job security, reputation halos, personal networks, etc. But in the end, it translates into organizations taking actions simply to survive. And since one of the best ways to survive is to grow, taking actions to grow.
This is true for everything from charities that take care of the poor and sick to for-profit corporations to government agencies. And, of course, universities.
So why does a university spend a ton of money on renovating their football stadium? Simple, it makes alums happier (more donations), it looks better on televised games (enhanced reputation), etc. It helps the university survive.
Drexel university is spearheading the gentrification of west Philadelphia.
They paid tens of millions for a dirty old tire shop.
They require the first three years of your degree to be spent in overpriced uni owned housing.
The chancellor makes one of the highest salaries in the us.
That's the only example I can really think of
The nominal purpose - education - becomes more of a marketing exercise than the primary concern.