May 20, 2011

ANDREW ROTHERHAM: Forget the higher education bubble talk, college is very much worth it. Well, I’ll say this — if America becomes more like France, it’ll certainly be worth it to go to the schools that let you join the nomenklatura.

But he kind of assumes away the problem when he says: “Assuming you don’t pile up mountains of debt that constrain your career options (and that outcome is avoidable) or go to a school where just fogging a mirror is good enough to get a diploma, there are not a lot of downsides to going to college.” Well, yes. If you get an actually useful education without running up a lot of debt, you’ll be fine. But when even Ivy League grads are having trouble, it’s not as simple as he makes it sound.

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