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"The center left and progressive left … have a similar answer to inequality. Higher taxes? Yes. More welfare? Yes. And what else? More college—a lot more college. What to do about lack of mobility? More college. What about competing in the global economy? More college."https://twitter.com/henryfarrell/status/1223774517048283143 …
"Does anyone in the Democratic Party get it? … This is a high school nation. Even now, after all the years of pumping up college education as the only way to survive, there’s still close to 70% of U.S. adults from age 25 and older… who are without four-year college degrees."
Meanwhile, most of what transpires in those 4+ very expensive years is never used and forgotten...https://www.washingtonpost.com/news/wonk/wp/2013/05/20/only-27-percent-of-college-grads-have-a-job-related-to-their-major/ …
Sorry Prof. Hanson, love your work, but would love even more if we had a more sane universal coming of age rite / vocational professional training than what your guild provides... Why can't we have apprenticeships for office jobs in addition to the trades?
I mean amongst the younger generations, my understanding was that everyone with half a brain tried university, which is why drop out rates were so high. It's actually people not being able to hack it in college which causes the most grief in the US debt system.
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