By Richard Vedder Although difficult to measure, it is unlikely that higher education has had any productivity advance in the 50 years since I finished college. Economists like Princeton’s William Baumol have argued that rising college costs are inevitable, given inherent limitations on reducing the cost of disseminating knowledge -only so many people can fit […]
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Is it true that only some recipients of student loans are getting their money’s worth–those with “majors closely aligned with actual occupations” such as engineers or computer scientists? Daniel Foster of National Review Online makes that argument in The American Spectator. These students, he says, are more employable and earn more upon leaving college than […]
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