Free Education in the Lemon Market
I had a recent conversation with an American of my generation. It was about education and inequality in the United States. She explained to me how a young person over there can't afford an education anymore and that without a university degree she can't get employment. I remarked that while this might be mostly true, education in of itself today is essentially free with the likes of Coursera and YouTube. Essentially college courses are available online for anyone to watch and when it comes to the likes of Coursera they also come with some sort of certificate of having attended the course and passed the exams. We shifted to where this type of education might be most useful, and naturally given my background I suggested programming. Programmers for a long time have been self taught. In fact, it is estimated that nearly half of all developers are self taught (1). Therefore as far as I was concerned here was one of the most highly paid professions in the United States with no ...