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What a College Education Buys

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What a College Education Buys
Topic: Society 10:56 pm EST, Feb 26, 2007

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



 
 
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