This is a great tweet and very insightful because everyone knows that high school grads and college grads earn identical salaries. The reason HS grads are richer than college grads is that they didn’t pay tuition.https://twitter.com/existentialcoms/status/1023260219374153728 …
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The main absurdity of college is that, at an aggregate level, it’s close to zero-sum—we are way past the point where the average person benefits from a year of extra schooling—so people go for signaling values. Ideally, it should be heavily taxed, not subsidized.
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