Live and Learn

Robert enjoyed a book review in this week's New Yorker by Louis Menand titled "Live and Learn, Why we have college."

Recently we are seeing a flood of articles and books  that question the value of higher education.  This is true, Robert believes, because the analogy between the education market and the now burst real estate market are so obvious. Americans continue to be urged to invest (and, more importantly, borrow for) an eduction that they can't afford, and, arguably, do not need.  Colleges and technical schools are like pigs at the trough, raising fees and putting students in debt.  Why not?  It's not their money.  It is the working class and poor that suffer the most.  High student loan debt decreases the flexibility, entrepreneurship, and general risk taking of graduates.  The people we want to be exploring and innovating.  This is a shame.  Let's hope that policy makers get in front of this issue.