Following the thread from WSJ Op-Eds on Education last month. The price of college long ago outstripped the value of these goods. In 1979, according to the economists Frank Levy and Richard Murnane, a 30-year-old college graduate earned 17 percent more than a 30-year-old high-school grad. Now the gap is over 50 percent.
About their book, the New York Post wrote: Remember that barely one-third of New York City's eighth-graders can read and do basic math. Then, read this book.
Back to the linked article: In recent decades, the biggest rewards have gone to those whose intelligence is deployable in new directions on short notice, not to those who are locked into a single marketable skill, however thoroughly learned and accredited.
This is not the same thing as being a generalist, mind you. The future belongs to the quick study. What a College Education Buys |