Comment Re:This isn't an article, it's an Opinion piece (Score 1) 78
"For the overwhelming majority of graduates, the returns on going to college more than offset the cost of tuition. ". That's news to all the grads drowning in debt they'll never pay off.
It said the overwhelming majority of graduates get a positive return on their education, which is still true. The studies I've read have concluded between 60-80% of college degree recipients earn more than they would have without a degree after compensating for the cost of college and lost earning years. That is an overwhelming majority.
she never even addresses the issue of enrollment now being overwhelmingly female, with majors that are money losers in the job markets.
The top Bachelors degrees with over 100k of annual degrees conferred that have more women graduates are Health Professions, Psychology, Biological and Biomedical Sciences, and Social Sciences. So basically doctors, nurses, and psychologists. Not exactly low paying fields. Social sciences are obviously the ones you are referring to, but the medical field degrees outnumber those by 5 to 1.
Nor does she address the fact that a growing number of students are foreign, sent here by their families or governments to gain technical and business knowledge to take back home after graduation.
As others have rightly pointed out, this is a very valuable export for the US. It not only earns us revenue, it improves the rest of the world which "rises all boats."