RE: Cryptocurrency: Avoiding The Parasite Economy
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The education issue about degrees is true. However I do not think the government wants to change this. They want people to borrow so it creates money that flows into the economy. We are a debt based system and they are failing to keep the money flowing. Also technology is deflationary as less labor is required so overtime thus less jobs. The government has to ensure that there is enough people employed so that the economy can function and people won't riot. Therefore as parasitic as it is, I doubt it will change.
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I agree...it will not change until the system collapses. If online schooling takes off, for at least a large portion of the population, then the schools will have to switch. They will not keep putting the same resources in.
Until that point, status quo will be in effect.
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