In a piece about Amazon.com’s decision to drop $700 million on retraining/educating its work force, The Wall Street Journal‘s editors closed with this forlorn hope:
And dare to dream, maybe colleges will cut their prices to compete with Amazon U.
Sad to say, it is a dream: colleges have no need to compete, and so have no interest in cutting prices, as long as the Federal and State governments keep throwing money at them.
Watch, instead, the hue and cry from the Left to develop in opposition to Amazon’s (and others—dare I hope?) schooling, just as they actively oppose existing competition in K-12, the charter and voucher schools that put to shame the public schools.