Is College Worth It?
That's the topic discussed in the latest edition of Peter Robinson's long-running Uncommon Knowledge video interview series:
This is graduation season, so we thought it was the perfect time to ask author/journalist Andy Ferguson (Crazy U: One Dad's Crash Course in Getting His Kid Into College) and essayist and former editor of American Scholar Joseph Epstein to discuss the origin and value (if any) of getting a classical liberal arts education.
Meanwhile, Aaron Clarey, the Blogosphere's self-described "Captain Capitalism" and author of the hit book on what the outcome of the 2012 election portends for those of us who aren't collectivists, Enjoy the Decline has designated June 2013 as "Worthless Degree Awarness Month:"
It may sound funny, but it really is no laughing matter. The single worst thing we do to our young kids is cripple them financially for the rest of their lives by telling them to waste 4-8 years of their youth and anywhere between $50,000-$150,000 on worthless degrees. Economically, the education bubble is on par with the housing bubble, but this time it is within our own control to stop it.
Since most kids graduate from high school during early June, it's the perfect time to "raise awareness" (I always wanted to use that vile phrase for something that's actually good, legit and noble) about the threats and dangers of majoring in a worthless field.
All we have to do is get the word out there.
Got a blog? Start linking and citing articles about worthless degrees.
Got a child or a family member? Sit down and have a chat with them.
Got a PTA group you know? Have someone come speak to them.
And as always if you don't know how to broach the subject with your children, buying them a copy of "Worthless" is definitely a diplomatic and caring way to tell them about the economic realities of choosing a good degree.
And of course, PJM's own Glenn Reynolds has written a book on the topic of The Higher Education Bubble that's well-worth your time. Here's a link to my interview last year with Glenn on his then-new book: