When a student is determining which college to attend and what to study, the student should evaluate an expected return on investment. About 50% of the college graduating classes of 2011 and 2012 are unemployed or underemployed or working jobs that do not require a college degree.
Bill Bennett says that Obama’s goal to increase degree attainment from 40% to 60% by 2020 is misguided. I think it’s a deliberate deception; the real motive is to disguise our high unemployment figure by saying so many young people are in college. Bennett points out that, while there is a social stigma in not having a college degree, there is an even larger stigma attached to being unemployed. The name of the book is Is College Worth It? By William Bennett.
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