Sahaj Sharda, the author of The College Cartel, is Tayo’s very special guest on the podcast today. Sahaj's book explores the monopolistic greed of Ivy League colleges and other elite schools and how these institutions are creating artificial scarcity in their admissions processes. Tayo and Sahaj discuss how this is leading to discrimination, price fixing, and other exploitative practices in higher education. They also discuss potential solutions to move past the systems of oppression that exist in the education system, and share their own personal experiences and perspectives on the topic, highlighting how the culture and expectations surrounding elite education differ across the world.

Along the way, Tayo and Sahaj delve into the idea that higher education is not just about learning, but also about networking and signaling, citing examples of how attending prestigious universities such as MIT or Harvard can open doors for students that would not be available to them if they went to other schools. Sahaj then goes on to talk about how the resource and funding differences between schools play a huge role in the education that students receive, and he explains how the internet has made learning more accessible, but the value of prestigious universities, again, has to do with the network and signaling they provide. The episode draws to a close with some ideas about how to remedy this situation and break up the cartel. Join Tayo and Sahaj here today for this deep dive into the inside world of higher education's market and the changes that need to happen within it.

The Finer Details of This Episode:

• The monopolistic greed of Ivy League colleges and other elite schools
• How these institutions are creating artificial scarcity in their admissions processes
• Some examples of discrimination, price fixing, and other exploitative practices in higher education
• Some potential solutions to these problems
• Tayo and Sahaj’s experiences with these issues
• Exerting pressure on US News to change its ranking criteria
• Suppressing student athlete wages and faculty wages
• Collusion in suppressing wages and creating artificial scarcity.
• The real value of a higher education 
• The impact of the differences in funding and resources between schools 
• The Sherman Antitrust Act and exemptions within it
• Creating a national system of education to break up the college cartel

Links: 

Connect with Sahaj Sharda: 

Sahaj's Website: https://sahajsharda.substack.com/

Break the Cartel: https://www.breakthecartel.com/

Twitter: https://twitter.com/hajsharda

Connect with Tayo Rockson and the As Told By Nomads Podcast:

Tayo’s Website: https://tayorockson.com/

Tayo on LinkedIn: https://www.linkedin.com/in/tayorockson/

Tayo on YouTube: https://www.youtube.com/tayorockson

UYD Management: https://www.uydmanagement.com/

UYD Collective: https://tayorockson.com/uyd-collective

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