Professor Rich Vedder once against shows how great a mistake the U.S. is making in pushing just about anyone who can make it through high school to go to college in this Minding the Campus essay.
He also takes issue (based on a recent study done by two economists at Ball State) with the idea that liberal-arts degrees aren’t worth pursuing. Many liberal-arts grads do fine in the labor market, but they can face financial trouble if they have borrowed heavily to get their degree. It’s clear that what we need is quality postsecondary education that doesn’t cost a king’s ransom.