Well, in a way, I think the creation of a new academy is inevitable. It's already underway. I encourage this type of approach to accelerate it or even get in front of it.
Institutional education at lower (public schools, K-12) and higher (grad schools) levels is imploding in a self-inflicted collapse, as they have responded so incoherently to the COVID pandemic. Tuition rates are skyrocketing, student loans are in a bubble that must certainly burst or be tax-payer bailed-out, and the meaningfulness of a degree from an elite institution, or almost any well-known institution is rapidly waning. Our government, culture and our academic institutions are cracking; the Pareto distribution means we can no longer support the dead weight within each.
Honestly, who cares that the State Dept, for instance, is full of graduates from the Kennedy School, or Georgetown, or that the think tanks are full of grads from Chicago or Stanford, when 80% of those people are carried by the other 20%, and when the significance of those positions wanes in importance as our civilization collapses.
Parents are also ahead of this phenomenon, pulling their children out of public and private schools in record numbers to home school or find alt-education for them. A prestigious degree is not as important to them as passing on their values and beliefs, preserving their families, keeping their children away from "the beast."
In a recent episode of the podcast series "What is Money" with host Robert Breedlove, his guest, Eric Weinstein, himself a leading intellectual, called out the crypto community, specifically the Bitcoin billionaires, to put their newfound wealth to use for the greater good, to fund these type of academic aspirations, to challenge and compete with the endowments of the large elite schools. Michael Saylor, the Microstrategy CEO, himself a BTC enthusiast(!) has set as a personal goal, the moving of education from the rotting institutions to an open source learning environment where all can participate much more easily. Mike Rowe, (and others,) has challenged the idea of college as a necessity for everyone, and encouraged the advanced schooling of skills and trades as an alternative to the degree-mad crowd.
There are many more examples, U of Austin being only one. Ralston College, Hillsdale, Wyoming Catholic, St. Johns and more. It's really quite exciting and I disagree that parents and students will not choose these academies over the others. Many will; beliefs, individual and family values, and culture override the promise of success among the herd.
If there is a way to invest in it, I'd be surprised if there wasn't a stampede to put money into it. The future is bright.
Well, in a way, I think the creation of a new academy is inevitable. It's already underway. I encourage this type of approach to accelerate it or even get in front of it.
Institutional education at lower (public schools, K-12) and higher (grad schools) levels is imploding in a self-inflicted collapse, as they have responded so incoherently to the COVID pandemic. Tuition rates are skyrocketing, student loans are in a bubble that must certainly burst or be tax-payer bailed-out, and the meaningfulness of a degree from an elite institution, or almost any well-known institution is rapidly waning. Our government, culture and our academic institutions are cracking; the Pareto distribution means we can no longer support the dead weight within each.
Honestly, who cares that the State Dept, for instance, is full of graduates from the Kennedy School, or Georgetown, or that the think tanks are full of grads from Chicago or Stanford, when 80% of those people are carried by the other 20%, and when the significance of those positions wanes in importance as our civilization collapses.
Parents are also ahead of this phenomenon, pulling their children out of public and private schools in record numbers to home school or find alt-education for them. A prestigious degree is not as important to them as passing on their values and beliefs, preserving their families, keeping their children away from "the beast."
In a recent episode of the podcast series "What is Money" with host Robert Breedlove, his guest, Eric Weinstein, himself a leading intellectual, called out the crypto community, specifically the Bitcoin billionaires, to put their newfound wealth to use for the greater good, to fund these type of academic aspirations, to challenge and compete with the endowments of the large elite schools. Michael Saylor, the Microstrategy CEO, himself a BTC enthusiast(!) has set as a personal goal, the moving of education from the rotting institutions to an open source learning environment where all can participate much more easily. Mike Rowe, (and others,) has challenged the idea of college as a necessity for everyone, and encouraged the advanced schooling of skills and trades as an alternative to the degree-mad crowd.
There are many more examples, U of Austin being only one. Ralston College, Hillsdale, Wyoming Catholic, St. Johns and more. It's really quite exciting and I disagree that parents and students will not choose these academies over the others. Many will; beliefs, individual and family values, and culture override the promise of success among the herd.
If there is a way to invest in it, I'd be surprised if there wasn't a stampede to put money into it. The future is bright.