Diminishing Returns

Here’s something for the folks who believe that more education and the more educated the better, always. ¬†Earnings for young college grads is down about $10,000 since 2000.

Rubber stamped degrees

This Mark Perry Carpe Diem post supports my claim that the meaning of having a college degree has changed from sorting out the self-starters to rubber-stamping the rule followers.

Perry’s subtitle says it all, Letter Grade of A Now Most Common College Grade.

Of course, an alternative explanation is that students are just so much smarter nowadays.