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I agree, and because that's a rather obvious market inefficiency, I see it as an opportunity for a startup to make money while improving the world.

YC may be closest to being this startup.

If their process was an "Empirical, blinded, skills-assessment", and they funded anyone who met their predefined requirements, we'd have a real alternative to class-based universities. At least for anyone willing to create their own business.

YC is already more fair (less gameable) than the elite universities, but it's still far from being fair enough or big enough to really change things.

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