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Phi Beta Cons

The Right take on higher education.


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Paul Krugman vs. College Degrees

Instead of his usual Keynesian economics lesson, Paul Krugman discussed the decreasing worth of college degrees yesterday in his New York Times column:

What we can’t do is get where we need to go just by giving workers college degrees, which may be no more than tickets to jobs that don’t exist or don’t pay middle-class wages.

If both the Left and Right are acknowledging problems with the value of the college degree (albeit with different solutions in mind), is that a sign that the bubble is getting closer to bursting?

New on Phi Beta Cons. . .


COMMENTS   1

EXPAND  

   03/08/11 16:23

Which bubble?

I am under the impression that there is more than one bubble within higher education.

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