The University of Chicago where the theory of human capital was distilled in 1960 The theory of human capital — which provides the intellectual support for student loans and other initiatives that impose the cost of education on students —…
Tag: education
Value creation versus price in university education
The cost of a university education in the US and the UK has risen sharply in the past four decades despite the rise of costless ways of sharing information on the internet. Why is this happening? Defenders of the status…