The Corner

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‘Congratulations! You’re in Debt’


I wrote about student debt and the college industry today:

There’s no doubt that graduating from college brings a significant economic advantage, but that doesn’t excuse the waste and self-satisfied lassitude of American higher education. Colleges appropriate tuition dollars from America’s students with an ever-accelerating voracity, yet don’t deliver any additional educational benefits — indeed, they do the opposite. Higher education is one of the sectors of American life that most desperately needs a thorough re-conception.


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