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Response to Southerner (Reply #3)

Tue Jul 10, 2012, 03:17 PM

4. Considering that those federal dollars have not increased appreciably against inflation...

I don't think so...

Rather I think it's a complex mix of
  • Creeping (more like leaping these days) credentialization (i.e. requiring college degrees where none are really needed, requiring graduate degrees when BAs or BSs are more than adequate),
  • The shared myth that college is necessary for everybody (look at the BLS stats and projections -- there aren't jobs, and won't be jobs for the vast majority of those college grads, and it's even worse for PhDs)
  • Shifting student priorities (i.e. country club colleges), and,
  • Greatly increased building and staffing costs for colleges (some justified, some not)

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