Need a multiversity, not a university. Most of what we learn is by doing, not by being taught. The teacher learns the most at a university. You've had to learn a lot over the past decades. You're a good learner.
Value is a measure of preference.
The probability that you will select one choice is a measure of preference. For the other parts. For the part itself. At each of three levels, there a conflicting objectives. Freedom of choice subject to a constraint.