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As alluded in the opening Chap. 10 of this Part 3, and further supplemented with our observations in Chap. 11 , how the baseline college education (especially the undergrad degree) has become a global commodity today. The fundamental content being taught in the schools has not changed much over many decades while the tuition fees in the USA have gone up 10 times. Something is wrong with this picture. Any commoditization of a product results into lower prices not the other way around. In fact, proliferation of knowledge of sciences, economics, management, medicine and technology that set the advanced economies of the West apart have become mundane all over the world.

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College Degrees Less Valuable: Redesign Bachelor’s, Master’s and Ph.D.

  • 章节

  • 发表日期：

    2026年

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  • Jagdish N. Sheth,
  • Suresh K. Sharma

摘要

As alluded in the opening Chap. 10 of this Part 3, and further supplemented with our observations in Chap. 11 , how the baseline college education (especially the undergrad degree) has become a global commodity today. The fundamental content being taught in the schools has not changed much over many decades while the tuition fees in the USA have gone up 10 times. Something is wrong with this picture. Any commoditization of a product results into lower prices not the other way around. In fact, proliferation of knowledge of sciences, economics, management, medicine and technology that set the advanced economies of the West apart have become mundane all over the world.