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encoderer
on Aug 4, 2010
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This Is Why The American Dream Is Out Of Reach
Agreed. Hard to argue that price inflation in education hasn't reduced its value.
Not its worth -- that's remained or even increased. But its
value
.
cynicalkane
on Aug 4, 2010
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I don't understand the distinction you're making. Did you mean "marginal value" instead of "value"?
jazzdev
on Aug 4, 2010
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I interpreted that to mean
value = worth - price
So as the price goes up, the value you get goes down.
encoderer
on Aug 4, 2010
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No, Value.
cynicalkane
on Aug 4, 2010
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What? In normal English, value and worth are nearly the same thing. In economic English, value is worth, usually spoken of relative to other worthwhile things, but
not
relative to price. So I don't understand you at all.
Tamerlin
on Aug 5, 2010
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So, define "value" in the context of an education.
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Not its worth -- that's remained or even increased. But its value.