Achievements have greater appeal as failures, therefore they are systematically overrated. The media usually reportes only about stars, the unsuccessful are not mentioned. Therfore we end up a distorted perception of the real chances. It is useful to study the unsuccessful. #SurvivorshipBias
An eye-opening look at human psychology and reasoning — essential reading for anyone who wants to avoid “cognitive errors” and make better choices in all aspects of their lives.
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At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.