“The entire education industry on the U.S. is based on an inflexible, increasingly marginal-return ‘factory model.’  We are ‘training’ millions of people in an assembly-line based on the assumption that academia is a limitless growth industry, when in fact it has reached the zenith of diminishing-return complexity and cost.  Student would be encouraged to earn money via the work projects undertaken. Instead of owing $120,000 after four years of passive study, students might complete their University experience with earnings in the bank.  The Nearly Free University model would educate the 95% who do not need PhDs.”

http://charleshughsmith.blogspot.com/2012/11/the-nearly-free-university.html

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