Phi Beta Cons

Higher Ed a Ponzi Scheme?

That’s what financial columnist James Altucher calls it here. He argues that many parents would be doing their children a favor if they steered them away from college and instead gave them the money that would have been spent in getting the degree.

Skepticism that college is automatically a great “investment” is evidently spreading.

George Leef is the the director of editorial content at the James G. Martin Center for Academic Renewal. He is the author of The Awakening of Jennifer Van Arsdale: A Political Fable for Our Time.
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