It's certainly true that students can't produce enough value by cooking food and sorting mail to pay for the cost of a modern US college tuition, but there are some specific areas where I do think students can perform high-value "jobs", and which are currently underutilized.
- Internships/co-ops prove that students in high-skill degrees can command high wages by working for industry. How can we capture similar sorts of value in other places, either by integrating real industry projects into class work or something else. My senior capstone project tried this, but integrating it across the entire curriculum is hard.
- Professors command high salaries, and are the largest single cost of most universities, but with proper resources and support students can also be very effective instructors. We had a few student-taught classes at university, and in many cases they were regarded as better than professor-taught classes because student instructors can empathize with the other kids better. Again, scaling this to cover most classes is a hard problem.
- Internships/co-ops prove that students in high-skill degrees can command high wages by working for industry. How can we capture similar sorts of value in other places, either by integrating real industry projects into class work or something else. My senior capstone project tried this, but integrating it across the entire curriculum is hard.
- Professors command high salaries, and are the largest single cost of most universities, but with proper resources and support students can also be very effective instructors. We had a few student-taught classes at university, and in many cases they were regarded as better than professor-taught classes because student instructors can empathize with the other kids better. Again, scaling this to cover most classes is a hard problem.