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Reason #6 Why College Is A Lousy Deal

My past five blogs have explained why I think college is not a good idea for many of you reading this. A short summary of those reasons are: 1. The market for college graduates is saturated. 2. Grade inflation has diminished the quality of a college degree. 3. College...

Reason #5 Why College Is A Lousy Deal

This reason escapes a lot of peoples’ notice. Most folks make a distinction between college and vocational education. They think of them as separate entities, i.e., higher education versus learning a trade. Even worse is the widespread conviction among the general...

Reason # 4 Why College Is A Lousy Deal

Reason # 4 Why College Is A Lousy Deal College is way overpriced. That’s #4 on my list of reasons why college is a lousy deal, and maybe the biggest reason of all. College tuition has risen almost 400% over the past three decades, according to the College Board.  It’s...

Reason #3 Why College Is A Lousy Deal

In my last blog, I identified grade inflation as Reason #2 why a college degree doesn’t mean what it used to. I explained that grade inflation started with the anti-Vietnam War movement of the 1960s, when college students were exempt from the military draft and...

Reason #2 Why College Is A Lousy Deal

A college degree doesn’t mean what it used to. In my last blog I explained that one reason is because so many people have college degrees nowadays (33% of American adults, vs. just 5% in 1940). As a result, some 37% of recent college graduates are working in jobs that...

Reason #1 Why College Is A Lousy Deal

Reason #1 Why College Is A Lousy Deal A college degree doesn’t mean what it used to. Reasons are varied, and I’m going to address them in a series of blogs starting now. Reason #1 is that more people than ever are going to college. According to the Bureau of Labor...