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I was thinking about that as I wrote my comment, but it wasn't enough to stop me.
The human capital literature is fairly clear on this. There's very little discernable benefit to spending more time in school. Obviously, there's going to be heterogeneity in there, but for the marginal consumer of education, it probably isn't the most worthwhile pursuit.
I feel it in my gut. It's my biggest source of job dissatisfaction: that I think for 60% of my students it's a social net negative for them to be in my classroom. I'm not saying that they're not learning anything from me, I just think their time would be better spent on something else... they're clearly not interested, motivated, or sometimes even capable of learning the material, nor will most of them use it at a high level. The whole thing is only happening because of government distortions in the education market.
Yet, it's still individually rational for me to keep doing my job... but dang if it isn't demoralizing.
Contributing to SN and bitcoin keeps my spirit afloat...
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I feel exactly the same way. I'm hoping to find some more fulfilling work that still keeps the lights on.
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