5 korrents from this piece
Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.
Their wordsSince signaling, not building human capital, is the main function of education, the main effect of government subsidies is credential inflation.
Their wordsDespite misleading statements by mainstream education economists, college attendance in particular is not a good career investment for most of the population.
Their wordsDon’t base your life choices on whether parents and teachers constantly tell you that you’re “smart.” They’re not trustworthy assessors of your intelligence.
Their wordsWhat should you do instead? First and foremost: Get objective evidence on your own intelligence.
Their wordsSince about 70% of the college payoff comes from completion, non-completion implies a terrible return on investment.