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I have several degrees. One from MIT."
Way to go. Good work!
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I couldnt believe how dumb libs were when I lived in Cambridge."
Agreed! The same situation can also be seen in universities in the more rural parts of the Midwest. You might also be interested in a very short explanation in
comment #8 of a consequence in an economy that lacks a sufficient diversity of skills and types of education. Another consequence, by the way, might be an eventual defense dilemma (lack of resources, parts, products, equipment, lack of properly reared manpower and technical aptitudes).