Here is that episode on neoliberalism:

Colleges being a “waste of time” is not because the degrees are economically worthless, but because the job market as a whole has become so terrible. It’s a post hoc ergo proctor hoc fallacy – as in you are reversing cause and effect. Colleges and universities used to be far cheaper or completely free; jobs have become either gigs, part-time, or had stagnant wages for decades; and yet people keep getting priced out of their own lives. Higher education is not supposed to be completely vocational and liberal arts degrees are intended to show broader acculturation, not specific applicable skills. College doesn’t prepare you for the workplace, nothing but actually working can. This foolish notion is only a recent evasion of the real problem: neoliberalism and how it’s destroyed our economy.


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