Monday, August 20, 2012

Of Bubblegum and College


Prologue

Bubblegum manufacturers included comics/riddles wrapped in their product as an inducement to purchase. This was followed by the introduction of “cards” of famous sports players that encouraged individuals to collect select players or cards representing teams. Eventually, the cards became more important than the gum and individuals would have stacks of unused gum as they sought select cards. Finally the manufacturers of gum and others saw the interest rise to the point where there was a market for packets of cards without the gum. And the tertiary market for the cards expanded.

Prior to WWII, a college education/degree had selective market. After the War, the purpose of college was amended without serious discussion and college became more important. Additionally, the expansion of courses or areas for specialization gained attention. This challenged students to seek specific courses that had differential value in the world of work outside of the college. Over time certain collections acquired cachet, such as Science, Technology, Engineering, and Mathematics, STEM. Other elements added value, including who issued the validation