Ok, maybe not in my case, but for just about everyone else. That is one of those things you look at and say, “Well, yeah,” but just how much a college education pays off is the subject of an article in the Business section of today’s Times.
Unfortunately, the U.S., the country that pioneered high school education for all, coed education, and access to college (remember the GI Bill), now lags behind almost all industrialized countries in the rate of college graduation.
Not only that, but we are getting worse. While countries such as Japan and Canada have learned how to educate the socially disadvantaged, in the U.S. the socially disadvantaged (read blacks, Hispanics, and poor whites) are relegated to crappy schools and have little chance at a college education. The wealthy, meanwhile, can send their kids to expensive private high schools.
The article features statistics, analyses, and hard numbers. If you want to be depressed, here’s the link: <http://www.nytimes.com/2014/09/11/business/economy/a-simple-equation-more-education-more-income.html?ref=todayspaper>.
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