Adjunct Law Prof Blog

Editor: Mitchell H. Rubinstein
New York Law School

Thursday, March 21, 2013

College Degree Becoming New High School Diploma

There is nothing new about college graduates having to take unskilled jobs. However, the New York Times recently published an interesting article outlining this problem, here

Mitchell H. Rubinstein

Colleges | Permalink


The article mentions how a law firm receptionist has $100,000 in debt, with a degree from the Art Institute of Atlanta. The only reason this is the case is because of the dangerously reckless federal policy of the Education Department providing guaranteed loans for any degree (without the slightest scintila of accountability or cost control), regardless of the actual value such degree confers.

If a college degree is now the new high school diploma, then American society is going to need to reexamine the costs and benefits of "higher" education. Because of the extraordinary costs involved, a market correction in obtaining education is imminent, if not already underway.

Posted by: Sujan Vasavada | Mar 22, 2013 6:41:28 AM

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