Andrew Biggs and Abigail Haddad of AEI take issue with the “conventional wisdom” that college is a good investment and the government should therefore try to get more students into college. Read their piece here.
It’s remarkable that we still see studies finding that there is a large “college earnings premium” and concluding that this alleged premium justifies the efforts at expanding college “access.” Sadly, many bad ideas keep popping up, zombie-like, no matter how often they’re refuted.