A college degree has always been perceived as being valuable. Besides the prestige, it usually brings lower unemployment rates and higher wages. And many studies have been conducted like this one at the Washington Post, which states that “Going to college is worth it – even if you drop out”! They reinforce the notion that over one’s lifetime a college degree is worth dramatically more to the recipient, than not graduating college. But is it?
When it comes to college education, American families are paying more and getting less.
I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents’ savings were being spent on my college tuition. After six months I couldn’t see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out.
We never had it as rough as the kids have it today. Look at the price of a gallon of gas or a piece of real estate or a college education.
Pink Floyd thought the classroom was creating students under the influence of thought control. [Read more…]