As I frequently write on this blog, college education isn’t what it use to be because of the heavy government subsidies. Just a few days ago I wrote:
College degrees no longer signal intelligent self-starters with moxie. Now degrees are signals risk averse, color-by-numbers people. Bureaucratic employers value these people for their conformity and aversion to risk.
Robert Samuelson agrees in the Washington Post. He wrote:
The college-for-all crusade has outlived its usefulness. Time to ditch it.
The real concern is the quality of graduates at all levels. The fixation on college-going, justified in the early postwar decades, stigmatizes those who don’t go to college and minimizes their needs for more vocational skills. It cheapens the value of a college degree and spawns the delusion that only the degree — not the skills and knowledge behind it — matters. We need to rethink.
Thanks to Mark Perry of Carpe Diem for the link.