The Last Acceptable Prejudice

“We should focus less on arming people for a meritocratic race and more on making life better for those who lack a diploma but who make important contributions to our society — through the work they do, the families they raise and the communities they serve. This requires renewing the dignity of work and putting it at the center of our politics.

It also requires reconsidering the meaning of success and questioning our meritocratic hubris: Is it my doing that I have the talents that society happens to prize — or is it my good luck?

—Michael J. Sandel, “Disdain for the less educated is the last acceptable prejudice.” The New York Times. September 2, 2020.

College Return-on-Investment (ROI)

Open Question: Is a college education worth the expense, including tuition, opportunity costs, debt obligation, etc.?

“Using data from the expanded College Scorecard, this report ranks 4,500 colleges and universities by return on investment. A First Try at ROI: Ranking 4,500 Colleges finds that bachelor’s degrees from private colleges, on average, have higher ROI than degrees from public colleges 40 years after enrollment. Community colleges and many certificate programs have the highest returns in the short term, 10 years after enrollment, though returns from bachelor’s degrees eventually overtake those of most two-year credentials.”

A First Try at ROI