Will brought up the issue of college costs and college attendance last night in the comments section of my post. For the daily links today, I am going to repost Thomas Sowell's excellent pieces on the economics of college:
Thomas Sowell presents a three part series on the economics of college:
- Part 1: How many people would go to college if they had to pay the real cost of all the resources taken from other parts of the economy?
- Part 2: What if instead of taxpayers subsidizing education, college students sign enforceable contracts by which lenders would pay their college or university expenses in exchange for a given percentage of their future earnings?
- Part 3: Why does college cost so much?
I know I am coming off all high and mighty, but Mr. Sowell has it right. Higher education should be there for those who want it and who find it a worthy investment in their future, not simply because it's what society says you should do after high school.
1 comments:
Yep. So true, and yet it's ignored by so many politicians who want to throw money at college kids without actually thinking of the implications.
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