Free College a Terrible Idea
Several Democrat presidential candidates have promised that if elected, they willl make public college tuition free and wipe clean federal student loan debt. They reason that such a policy will make for higher productivity and more economic opportunity. But the truth is, a bachelor’s degree is not a prerequisite to a satisfying career. Bryan Caplan, an economics professor at George Mason University begs to differ. “We’re spending too much time and money on education because most of what you learn in school you will never use after the final exam,” says Caplan, author of The Case Against Education. “If you just calmly compare what we’re studying to what we really do, the connection is shockingly weak.” Caplan lays out his case in this episode of Reason TV.
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