How many people could we educate this way, for the price of having one study at USA.
Many, but that assumes that the actual quality of the education matters (the most), and not something else, like the opportunity to meet other people who will make up the elite class in the future.
It would even make sense for US citizens to study abroad for economical reasons, if they can’t get admitted to an elite US school, but how many future political leaders aren’t elite school graduates?
Imagine a 3rd world country, where if the person graduates their best university, most people with real influence won’t even be aware of its existence, or of the existence of the city where it’s located. How much can that person do? How much more could they do with better networking opportunities?
If it’s all about contacts and not about education, couldn’t we save the costs of university? I guess, we couldn’t, because an elite university is not about education, but about costly signalling.
But then it’s quite counter-intuitive to suggest that costly signalling (wasting tons of money just to signal that you have the ability to waste tons of money) is effective altruism.
Many, but that assumes that the actual quality of the education matters (the most), and not something else, like the opportunity to meet other people who will make up the elite class in the future.
It would even make sense for US citizens to study abroad for economical reasons, if they can’t get admitted to an elite US school, but how many future political leaders aren’t elite school graduates?
Imagine a 3rd world country, where if the person graduates their best university, most people with real influence won’t even be aware of its existence, or of the existence of the city where it’s located. How much can that person do? How much more could they do with better networking opportunities?
If it’s all about contacts and not about education, couldn’t we save the costs of university? I guess, we couldn’t, because an elite university is not about education, but about costly signalling.
But then it’s quite counter-intuitive to suggest that costly signalling (wasting tons of money just to signal that you have the ability to waste tons of money) is effective altruism.