Has a college education become a very expensive and less meaningful entitlement?
Due to government subsidies and cheerleading about the supposed benefits of additional years of formal schooling, over the last 50 years we have transformed higher education.
What had formerly been a rather inexpensive service that a small percentage of the populace thought worth striving for has been transformed into a very expensive one that’s now widely regarded as an entitlement. Thanks to government “help,” the cost of college has soared, but at the same time, academic standards have eroded and at many institutions, the curriculum has turned into a hodge-podge of narrow, trendy courses.
George Leef calls it a bad case of “credentialitis”.
That is, young Americans now go to college just for whatever “access” their credentials will provide, not because they want to learn anything or because they want to acquire useful skills. Credentialitis wastes resources, burdens taxpayers, leaves many students struggling with debt, but does nothing to improve our productivity or competitiveness.
The federal government is overly involved.
Leef believes the solution is for the federal government to downsize its role. That’s certainly not the current trend, where a newly introduced Student Aid Bill of Rights guarantees the “resources needed to pay for college” for everyone.