tag:blogger.com,1999:blog-31670799.post313124427704941376..comments2023-11-02T09:44:15.693-04:00Comments on The Center for College Affordability and Productivity: Overinvestment in Higher Ed and ImmigrationCenter for College Affordability and Productivityhttp://www.blogger.com/profile/18041956958538598371noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-31670799.post-6422450378753878182008-06-07T15:13:00.000-04:002008-06-07T15:13:00.000-04:00There is a plethora of details that relate to this...There is a plethora of details that relate to this issue. I only want to touch on the aspect that relates to the quantity of education that is demanded. There is some merit to Dr. Vedder's argument that Americans have become increasingly adverse to manual labor. One way to hedge the risk of ending up in this type work is to obtain a college education. For this reason, many young people enroll in college every year. A more educated population sounds like a terrific idea; however, it may be the case that this leads to a dumbing down of the classroom. <BR/><BR/>As more marginal students enroll in college, it is financially beneficial for the university to keep these students enrolled for several years. To make this more plausible, the classes may be made easier so that below average students don't flunk out in the first year. Over time, this trend turns into a norm and the quality of college graduates takes a nose dive. Similar to the financial markets, this loss of EVA results in a devaluation of the underlying asset.Daniel L. Bennetthttps://www.blogger.com/profile/08993081658442740459noreply@blogger.com