“The best jobs program out there is a good education,” said President Obama at an Arlington, Virginia middle school.
“The best economic policy is one that produces more college graduates.
. . . by the end of the decade we will once again have the highest proportion of college graduates in the world. We’ll be number one again. That’s my priority.”
The best economic policy would produce more entrepreneurs, counters Future of Capitalism.
“Subsidizing the markers of status doesn’t produce the character traits that result in that status; it undermines them,” adds Glenn Reynolds, who worries about a “higher education bubble.”
We’re over-investing and mis-investing in higher education, writes economist Richard Vedder.