The Washington Post Oversimplifies The Value of College
…it?” gets wrongly conflated with “should everybody go to college?” Matthews writes: So does college raise incomes? Is it an investment good enough to make widely accessible? Yes, it is….
…it?” gets wrongly conflated with “should everybody go to college?” Matthews writes: So does college raise incomes? Is it an investment good enough to make widely accessible? Yes, it is….
…millions more were spent by trade associations representing groups of schools. The Association of American Medical Colleges, for example, spent $2,210,000, and the Association of Private Sector Colleges and Universities…
…humanities. This is one of the report’s immediate goals, phrased of course in the financial imperative, “Increase investment in research and discovery.” The report as a whole is presented as…
…Grants for remedial coursework. “A huge proportion of this $40 billion annual federal investment,” Petrilli writes, “is flowing to people who simply aren’t prepared to do college-level work. And this…
…The Erosion of the Labor Market for College Graduates The view that college graduation provides a near-guaranteed ticket to a prosperous middle-class life style conflicts with the reality of today’s…
…suggest a better investment–establish an undergraduate college heavy on the humanities and social sciences (including economics) that recruits only top students. (David Koch took a step in this academic direction…
Originally run as a Manhattan Institute Policy Brief. The growth of student-loan debt has raised a vexing question: Is a college degree still a good investment? No segment of American…
…and benefits of college. But the current trends of student loan defaults and recent graduate underemployment show us that everyone has been underinformed about a college investment. The media spotlight…
…barista or a bellhop. Let’s stop telling those young people that going to college is a very good investment. For many, it’s not an investment at all, but merely an…
…the benefits of employment, income, wealth and a greater public good. But to participate in that greater public good, individuals must be well schooled. Reminding us of such fundamentals is…
…a college education might well justify the investment of time and resources. Professor Harris’s pessimistic assessment of college education as an investment was almost unanimously pooh-poohed at the time, although…
…singles out public investment in higher education as the problem, why leave it at that? Human capital investment is human capital investment, regardless of when it occurs. Why not attack…
…good example. Lots of college students think they need to devote time and energy to “saving the planet,” which requires stopping the use of fossil fuels. They insist that college…
The impulse to impose Sarbanes-Oxley on universities is tempting. Indeed, formal legal mandates on conflicts of interest and the other attributes of good governance might be even more appropriate for…
…the old notion that going to college was a good investment in the face of proof that it isn’t. Actually, there has been an imbalance between the number of “good”…
…tuition cost explosion and to a higher education bubble that cannot be sustained forever; Academic rigor has almost certainly declined over time, and there is good evidence that colleges add…
…and doable for a small fraction the cost of conventional higher education. For many, higher education is as much a consumption good/service as it is an investment. College is where…
…A good example is the now suspended Stuyvesant student who carried out the cell phone scam. Asked what he wanted to be later in life, he replied, “An investment banker.”…
…college degrees generally fare better in the labor market does not mean that they fare better because they took college courses. Nor does it mean that everyone who obtains a college degree…
…loans and the development of a culture arguing that higher education is a good “investment” has made the demand for college not only larger, but also far more insensitive to…
…universities decide to…redouble their commitment to a fast-fading political ideology. The latest example is the impending vote by the faculty of UCLA’s College of Letters and Science that would add…
…assumption of most parents and politicians that higher education is an investment in future careers. Many students regard a college education that way also, but for a large minority of…
…credentials that would help them find good jobs. This is the updated version of the old, “College isn’t for everyone” argument. Okay, college isn’t for everyone. Besides striking me as…
…have required greater financial investment (and hence higher tuition) in the enterprise. For the other co-author (Michael), teaching Friedrich Hayek’s “spontaneous order” each spring in a law school classroom is…
…should be subsidizing college attendance when it is generating positive externalities, and not subsidizing college attendance when it is not generating positive externalities. In other words, you could completely accept…
…pay for college matters significantly throughout the college-going pipeline, from planning for college right through to graduating with a degree. In fact, a series of path-breaking studies over the past…
…keep up with current trends, many colleges and universities market their product as “a major investment,” as the president of a selective four-year liberal arts college stated, and then added:…
…would be able to find jobs requiring a college education. Harris’s pessimistic assessment of a college degree as an investment was almost unanimously pooh-poohed at the time. And his critics…
…and economic good. Indeed, states having quite onerous student loan burdens compared to other states also boast some of the most impressive statistics regarding college attainment, participation of low-income students…
…much good, persons like Bill Gates and Steve Jobs (both college dropouts). There is no question Apple’s “bottom line” has been highly favorable during most of Steve Jobs tenure, but…