Arthur C. Brooks is the president of the American Enterprise Institute, a preeminent think-tank in Washington, D.C. What you may not know about him is that he finished his three degrees via correspondence before he landed a job as a Syracuse University professor. Continue reading
Is a college degree really worth the expense? A recent study, authored by Vedder, Jonathan Robe, and Christopher Denhart, “used employment data from the U.S. Bureau of Labor Statistics to calculate that the number of college graduates is growing at a rate disproportionate to the number of jobs requiring a college degree,” reports the Chronicle of Higher Education. “They question whether America spends too much on higher education, and ask whether society can afford to subsidize higher education for graduates who end up in jobs they could have landed without going to college.
A more dramatic example can be found at law schools, whose students are burdened with, on average, $125,000 in debt, according to figures cited by Brian Tamanaha, professor at Washington University Law School and author of Failing Law Schools. Continue reading