The third installment of the College Board’s “Education Pays” series concludes that its title still holds true. But that’s not persuading critics of its validity.
College graduates earn increasingly higher wages than high school graduates and are more likely to be employed, and more likely to receive health insurance and pension benefits from their employers; they are also more active citizens and engaged parents, and maintain healthier lifestyles, according to the report.
College and university presidents in the United States and elsewhere regularly link the need for a higher education to individual and national needs for economic advancement. What if their underlying assumptions aren't true? Three social scientists from British universities challenge many of those assumptions in The Global Auction: The Broken Promises of Education, Jobs and Incomes, just published by Oxford University Press.
Professors at public universities worry that a combination of economic anxiety, anti-union sentiment and frustration over rising college costs will make them and their institutions targets for populist anger.