Still, I do not get it. Why would this competition / exclusivity rule be so much less prevalent in large parts of Europe?
I don't want to say Europe is without problems, but I think this kind of legislation, together with social security in general, is a clear example of how it can be handled more efficient and fair for most people.
Good question. I wonder if labor competition in Europe is less reliant on University names and reputation? IT could also have to do with cultural difference is what students look for in a university.
My understanding is that most universities in Europe look more like US bare bones commuter schools, opposed to an all inclusive recreational experience.
The top ranked university in Europe is Oxford, which educates more than twice as many students as MIT with half the budget. I doubt this is because Oxford is cutting corners on educational curriculum.