Information Technology Will Lower the Price of College, or Else...
Journalist Fareed Zakaria discusses the true cost of American higher education and the structural changes that must take place to correct an unsustainable trend.
Fareed Zakaria has been called “the most influential foreign policy adviser of his generation” (Esquire). He is the Emmy-nominated host of CNN’s Fareed Zakaria GPS, a contributing editor for The Atlantic, a columnist for The Washington Post, and the bestselling author of The Post-American World and The Future of Freedom. He lives in New York City.
Fareed Zakaria: The problem of the cost of college is an enormous one and it’s real. And frankly it’s true whether you’re a liberal arts grad, you’re an engineering graduate because you’re still facing those issues of debt and is it worth it. So I have a few things to say about that. First is the data still shows that a college education is worth the investment. That is your earnings will be higher over your lifetime because you have a college degree and they will be significantly higher than the cost of that college degree over the lifetime. Point one. Two, there isn’t that much difference in the lifetime earnings of an engineering graduate and a non-engineering graduate. The engineering graduates start out higher, but it equalizes after a while. Point three, the real change that one has to hope is happening is that the cost of college is going down and that it will therefore allow people to be more experimental, to follow their passions, to pursue what they want to. And the cost of college is going down because information technology and the information revolution are finally hitting colleges, finally hitting education. Education is a field remarkably unchanged basically in, you know, several thousand years.
And if you think about the way the ancient Greeks taught at schools — a guy would stand up in front of a classroom, teach a bunch of people; they would listen and that’s really what a college seminar is even today, right. But now it’s changing because online education is going to massively change the way in which education is delivered, but also the way it is priced. And if that happens my hope is that it will produce a huge expansion of liberal education for everybody, but it will also allow people to be more risk-seeking in terms of their educational choices. If you’re paying, you know, a thousand dollars for 20 online courses, then it’s not as difficult to say I’m just going to follow my passion, get really good at this, perfect it, do really well, and whether it’s English or history or philosophy or physics or chemistry, you will do it in a way that really reflects who you are and your intellectual curiosity. And you’re probably going to be better at it if you do something you’re passionate about.
If universities cannot get their cost structures under control, we have a problem no matter what. And the problem is frankly beyond the issue of liberal education. It’s STEM, or engineering. It is just that it is getting to the point where it is unaffordable. We have a problem with two areas of our economy. We have wrung inflation out of every other aspect of the economy in the last 40 years. The two areas where costs have risen several times the rate of inflation for 40 years now are health care and education. And they share some similar characteristics. In both cases, the consumer tends to be somewhat price-insensitive because they view this as something that you can’t put a monetary value on. The customer is not the person actually paying. Often there’s a federal government or governmental involvement with lots of third-party payments. So the price signals are complicated and muted. The consumer is not as price-sensitive and that allows for enormous amounts of cost distortion and frankly inflation. So I think that in both areas you’re going to see information technology begin to change that dynamic. And if it doesn’t happen, look, you can’t have education rise at three times the rate of inflation for another 30 years. That is simply unsustainable.
It's no secret that the inflated cost of American higher education is a major problem that needs to be addressed. The cost of college cannot be allowed to continue to rise at three times the rate of inflation for another 30 years. That is simply unsustainable. In this video, journalist Fareed Zakaria addresses three key points related to the true cost of American higher education. First, it's still a good investment despite the price. Second, it's a myth that there's a huge difference in the lifetime earnings of an engineering graduate and a non-engineering graduate. Third, if the cost of college goes down, it will allow for a new era of experimentation in education. Paramount to Zakaria's third point is that it's taken far too long for information technology and the information revolution to tackle higher education. Major structural changes rooted in new technologies must be allowed to happen because the alternative is a total collapse of the education system.
Tea and coffee have known health benefits, but now we know they can work together.
Credit: NIKOLAY OSMACHKO from Pexels
- A new study finds drinking large amounts of coffee and tea lowers the risk of death in some adults by nearly two thirds.
- This is the first study to suggest the known benefits of these drinks are additive.
- The findings are great, but only directly apply to certain people.
Maybe you should enjoy this article with a cup of coffee or tea.<p> The <a href="https://drc.bmj.com/content/8/1/e001252?T=AU" target="_blank" rel="noopener noreferrer">study</a> involved 4,923 type 2 diabetics living in Japan. The average participant was 66 years old. All of the participants were taken from the rolls of the Fukuoka Diabetes Registry, a study geared at learning about the effects of new treatments and lifestyle changes on the health of diabetics. <br> <br> The participants filled out questionnaires concerning their health, diet, habits, and other factors. Among the questions were two focused on determining how much green tea or coffee, if any, the participants consumed over the course of a week. The health of the participants was recorded for five years. During this time, 309 of the test subjects died from a variety of causes. <br> <br> Subjects who drank more than one cup of tea or coffee per day demonstrated lower odds of dying than those who had none. Those who consumed the most tea and coffee, more than four and two cups a day, respectively, enjoyed the most significant reductions in their risk of death. This level of consumption was associated with a 40 percent lower risk of <a href="https://www.sciencedaily.com/releases/2020/10/201020190129.htm" target="_blank" rel="noopener noreferrer">death</a>. </p><p>Most interestingly, the effects of drinking tea and coffee appear to combine to reduce risk even further. Those who reported drinking two or three cups of tea a day and two or more cups of coffee were 51 percent less likely to die during the study, while those who drank a whopping four or more cups of tea and two or more cups of coffee had a 63 percent lower risk of <a href="https://www.medicalnewstoday.com/articles/diabetes-coffee-and-green-tea-might-reduce-death-risk" target="_blank" rel="noopener noreferrer">death</a>. </p>
So, should I start swimming in a vat of coffee and green tea?<iframe width="730" height="430" src="https://www.youtube.com/embed/LY0E-JQxeoY" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><p> Not quite. </p><p> The primary takeaway from this study is that Japanese adults with type 2 diabetes who drink a lot of green tea and/or coffee die less often than similar people who do not. If this effect is caused by something in the drink, lifestyle choices people who drink that much tea all make, or something else remains unknown. The finding must be considered an association at this point. <br> <br> The eye-popping reductions in mortality rates are compared to the risk of death of others in the study. The people who died reported drinking less tea and coffee than those who lived. Unless you have several demographic and conditional similarities to the subjects of this study, you probably won't suddenly be at a two-thirds lower risk of death than your peers because you drink green tea. </p><p> Like all studies that depend on self-reporting, it is also possible that people misstated how much they consumed any one item. The study also did not look into other factors like socioeconomic status or education level, also known to impact death rates and potentially linked to coffee and tea consumption. </p><p> However, it is yet another study in the pile that suggests that <a href="https://www.healthline.com/nutrition/top-13-evidence-based-health-benefits-of-coffee" target="_blank" rel="noopener noreferrer">coffee</a> and <a href="https://www.healthline.com/nutrition/top-10-evidence-based-health-benefits-of-green-tea" target="_blank" rel="noopener noreferrer">green tea</a> are good for you. That much is increasingly <a href="https://www.health.harvard.edu/press_releases/health-benefits-linked-to-drinking-tea" target="_blank" rel="noopener noreferrer">agreed</a><a href="https://www.rush.edu/health-wellness/discover-health/health-benefits-coffee" target="_blank" rel="noopener noreferrer"> upon</a>. This study also suggests the benefits are additive, which is a new development.</p><p><br> So, while it isn't time to start the IV drip of green tea, a cup or two probably won't <a href="https://www.webmd.com/diabetes/news/20201022/coffee-green-tea-might-extend-life-for-folks-with-type-2-diabetes" target="_blank" rel="noopener noreferrer">hurt</a>. </p>
But most city dwellers weren't seeing the science — they were seeing something out of Blade Runner.
On Sept. 9, many West Coast residents looked out their windows and witnessed a post-apocalyptic landscape: silhouetted cars, buildings and people bathed in an overpowering orange light that looked like a jacked-up sunset.
Famous physicists like Richard Feynman think 137 holds the answers to the Universe.
- The fine structure constant has mystified scientists since the 1800s.
- The number 1/137 might hold the clues to the Grand Unified Theory.
- Relativity, electromagnetism and quantum mechanics are unified by the number.
India finishes last of 60 countries in environment and sustainability, as ranked by the expats who work there.
- How 'green' is life in your work country?
- That's the question InterNations asked its network of expats.
- The United States ended 30th out of 60 countries.
Nordics on top<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2NjgyNy9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY0NTczNzkyOX0.VgfqyjAa9avw6gFOE0qlgSgKuBN7DJmzOc5lzFGLm8g/img.jpg?width=980" id="1f0dc" class="rm-shortcode" data-rm-shortcode-id="b27458cf472d26cf1f87cb91623a0621" data-rm-shortcode-name="rebelmouse-image" alt="Evo Hiking Area, H\u00e4meenlinna, Finland." />
Evo Hiking Area in Hämeenlinna, Finland. Great nature, clean air, clean water? Check, check and check.
Credit: Kanta-Hämeen kuvapankki on Flickr/ Public Domain.<p><br><strong>1. Finland</strong></p><p>The Nordic country scores at or near the top in all categories surveyed, including the quality of the natural environment (say 96 percent of expats in Finland), water and sanitation (96 percent) and air (95 percent). <br></p><p><strong>2. Sweden</strong></p><p>Swedes lead the world in environmental awareness (84 percent versus just 48 percent globally). Perhaps not surprising, for the homeland of <a href="https://bigthink.com/politics-current-affairs/greta-effect" target="_blank">Greta Thunberg</a>. This is reflected by government policy. Sweden currently gets more than 50 percent of its power from renewable sources and wants to go 100% renewable before 2040. "I've been here for over 20 years and I clearly see the benefits of my taxes paid coming back to me and the rest of society," says one American expat.<br></p><p><strong>3. Norway</strong></p><p>"The beautiful nature, the clean air and tap water, and the focus on the environment," are what one Ukrainian expat enjoys most about Norway. With 76 percent of expats happy with the availability of green goods and services, Norway's 'weakest' category is still 13 percentage points above the global average. <br></p><p><strong>4. Austria</strong></p><p>The first non-Nordic in the global ranking, Austria places in the Top 10 for each category and comes in first for the availability of green goods and services (90 percent). <br></p><p><strong>5. Switzerland</strong></p><p>Swiss nature is the most appreciated in the world (98 percent versus 83 percent on average). Switzerland also gets stellar results for air and water quality and the availability of green energy and green goods and services. </p><p><strong>6. Denmark</strong></p><p>Danes are very much into green causes, as is their government, say 83 percent resp. 84 percent of expats. "Organic food is readily available, and they are good with recycling," observes a South African expat. And they love cycling: 9 out of 10 Danes own a bike.</p><p><strong>7. New Zealand</strong></p><p>85 percent of expats agree that the New Zealand government takes green issues seriously. In fact, New Zealand plans to use 90 percent electricity from renewables by 2025. The country also scores high on the quality of its natural environment and all other categories – albeit slightly less on the quality of its water and sanitation.</p><p><strong>8. Germany</strong></p><p>"I enjoy the rising awareness about environmental issues and the alternatives the government and society are developing," says one Colombian expat. Indeed, 80 percent of expats agree the German government is pro-environment (versus 55 percent globally). <br></p><p><strong>9. Canada</strong></p><p>The only North American destination in the Top 10, thanks especially to expat appreciation of Canada's natural environment (96 percent), but also the quality of its water and sanitation (90 percet) and the availability of green goods and services (80 percent). <br></p><p><strong>10. Luxembourg</strong></p><p>"Access to nature for hiking and bicycling" is a definite boon for one American expat. In fact, the country's natural environment, although ranking 13th out of 60, is its lowest-rated subcategory. Luxembourg does even better when it comes to green energy, waste management, and the quality of its air and water.</p>
Taiwan, most sustainable destination in Asia<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2Njg1Ni9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY1NzkxMDAxNH0.Roy7h_Od1cmaqBmamk-DP4rKMpLjTM-qIajG96alZAg/img.jpg?width=980" id="00799" class="rm-shortcode" data-rm-shortcode-id="dab52370e1edb5da5ebb0f5631027b1c" data-rm-shortcode-name="rebelmouse-image" alt="\u200bEternal Spring Shrine in the Taroko Gorge, Hualien County, Taiwan." />
Eternal Spring Shrine in the Taroko Gorge, Hualien County. Outside of Taipei, Taiwan can be surprisingly green and beautiful.
Credit: Zairon, CC BY-SA 4.0<p><strong>11. Taiwan</strong></p><p>The highest-scoring expat destination in Asia, Taiwan boasts 92 percent approval of its waste management and recycling, and 80 percent of the availability of green goods and services. But "the air pollution (in Taipei) is getting worse because it is too crowded," one expat complains.</p><p><strong>12. Netherlands</strong></p><p>Green goods and services are widely available, agree 82 percen of expats, as is green energy. However, 13 percent rate the Dutch environment negatively, 4 percet above the global average. <br></p><p><strong>13. Portugal</strong></p><p>Well ahead of its neighbor Spain (#20), the country scores high for air quality (91 percent) and natural environment (95 percent). "I like the opportunity for gardening and growing our own food," says one expat. <br></p><p><strong>14. Estonia</strong></p><p><strong></strong>Estonia scores in the Top 20 for every category and gets its highest marks for its natural environment. "A beautiful country with excellent air quality and open spaces," praises an Indian expat.<br></p><p><strong>15. Costa Rica</strong></p><p><strong></strong>Both the government and the people are very supportive of green policies, find 82 percent, resp. 67 percent of expats. "It's easy to live a healthy lifestyle with regard to the food, climate, clean air and water," says one. Costa Rica won the 2019 UN Champion of the Earth award and has pledged to go carbon neutral by 2050.<br></p><p><strong>16. Czechia</strong></p><p><strong></strong>"The beauty of the environment" is one of the best things about living in Czechia, says a Russian expat. No less than 97 percent of expats agree.<br></p><p><strong>17. France</strong></p><p><strong></strong>77 percent of expats are happy about the availability of green goods and services in France, which is 14 percentage points above average. The country also scores well for waste management and recycling. In short, France has a "good, green and clean environment," one Iranian expat finds. <strong><br></strong></p><p><strong>18. Australia</strong></p><p><strong></strong>While ranking high on the quality of its nature, water and air, Australia scores low when it comes to government support for green issues (51 percent). Fortunately, expats see more interest among the general population (68 percent). </p><p><strong>19. Singapore</strong></p><p><strong></strong>Expats rate the government's interest in green issues higher than globally average (77 percent versus 55 percent), but the Singaporean public's engagement for the same less than average (40 percent versus 48 percent). Of course, in a small, crowded place like Singapore, "(nature) spots are limited."<br></p><p><strong>20. Spain</strong></p><p>Spain's "scenery, diversity of places to visit and healthier environment" are what rate highly with one British expat. Its weak point is governmental and public support for green issues – but still slightly above the global average. <br></p>
London is "polluted and noisy"<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2Njg4Ni9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY0NDg3NjkyOH0.3ySSD7jFBfAWA07u-EN-oL9x9cq9FZn06iz5aV0hEOw/img.jpg?width=980" id="f5630" class="rm-shortcode" data-rm-shortcode-id="80c9fa119e7ff3acc91e027b7529bfed" data-rm-shortcode-name="rebelmouse-image" alt="\u200bEven at 2:30pm, London gets clogged." />
Afternoon traffic jam in London.
World map for the 'sustainable expat'<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2Njg5MC9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTYzMzAyNjQ2MH0.hjRiMDmOSnn9EvKJtx_tlzql3Gf7ph8lt8bL6dPCft4/img.png?width=980" id="def5d" class="rm-shortcode" data-rm-shortcode-id="149be2f5a19cc625cb555d8078f62ce2" data-rm-shortcode-name="rebelmouse-image" alt="The best & worst destiations for the sustainable expat" />
Sixty expat destinations ranked for sustainability, from best (orange) to worst (light blue). In between: fairly okay (brown), middling (grey) and not that great (dark blue).
South Korea's "rather horrible" air<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2NjkxNS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY2MTY1MjIwNn0.2e6eBIc38sAZLFQGKw4UL3-SY3hA9NthX0Uj9L4ibZA/img.jpg?width=980" id="c10db" class="rm-shortcode" data-rm-shortcode-id="cba918e6e5455c2e5ff4f9d5caf54775" data-rm-shortcode-name="rebelmouse-image" alt="\u200bSmoggy Seoul" />
Seoul's air quality is so bad you can picture it. Only India's air is perceived as worse than South Korea's, according to the expat survey.
Bad, worse, India<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDU2Njk0MS9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY0NTcyMTczMH0.Pt2bGDrpSKSwVjimMK_iK0Jejpu8ILn77VEzHTdzQQ4/img.jpg?width=980" id="28411" class="rm-shortcode" data-rm-shortcode-id="8b8b602261a168a46b05c53e09ab1b02" data-rm-shortcode-name="rebelmouse-image" alt="man standing surrounded by garbage" />
India scores worst in all three categories, but to be fair – some of its problems were imported from more developed countries.