> What if Minerva filters just as hard, on admission and retention, as the Ivies... but then also improves the 'delta' on graduates' abilities?
Fair enough, but that's a big IF. Higher education worth is predicated by a series of inputs, outputs and filters. Filtering is only good if the quality of character coming in is already high. In other words, how are you going to convince Billy and Sally who live in Greenwich, CT that telling their friends that little Jimmy applied and got into Minerva sounds any better than going to Harvard? You can't have high quality output if you don't have high quality input, and you can't attract high input without have high output. Simply filtering is largely a non-issue. (EDIT: Should clarify - simply filtering within the pool of applications you have is a non-issue, filtering in a wider macro context is the secret sauce of Ivies)
> But it's a hint that the signalling-powers of the Ivies might be open to unbundling, by infotech innovators like Minerva.
For nearly 100 years, Ivies have been susceptible to unbundling, yet haven't budged. What's different this time?
Fair enough, but that's a big IF. Higher education worth is predicated by a series of inputs, outputs and filters. Filtering is only good if the quality of character coming in is already high. In other words, how are you going to convince Billy and Sally who live in Greenwich, CT that telling their friends that little Jimmy applied and got into Minerva sounds any better than going to Harvard? You can't have high quality output if you don't have high quality input, and you can't attract high input without have high output. Simply filtering is largely a non-issue. (EDIT: Should clarify - simply filtering within the pool of applications you have is a non-issue, filtering in a wider macro context is the secret sauce of Ivies)
> But it's a hint that the signalling-powers of the Ivies might be open to unbundling, by infotech innovators like Minerva.
For nearly 100 years, Ivies have been susceptible to unbundling, yet haven't budged. What's different this time?