Tuesday, September 2, 2014

Do Americans Expect Too Much From a College Degree?

The Chronicle of Higher Education
September 2nd, 2014

In times like these, data points get wielded like cudgels.
Student-loan debt tops $1-trillion. As many as half of recent graduates are out of work, earn trifling wages, or have jobs that don’t require college degrees. Clearly, such numbers suggest, college isn’t worthwhile.
At the same time, remedies for what ails the economy often invoke higher education as a solution. Policy makers and foundations want more people to earn postsecondary degrees because they increase wages. Politicians press colleges to align programs with the needs of industry.
Together these sentiments show how deeply intertwined higher education and the economy have grown.

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