OPINION: Evaluation of a college education: Is it just ‘biz,’ or might Yoda say ‘more than dollars & sense it is’
A New York Post editorial recently asked, “Is College Worth It?” Looking at the tuition numbers in relation to job opportunities post-degree, the editorial looks askance at the investment, while also noting that “[o]nly 44 percent of Americans now say getting a college education is ‘very important.’ That’s down from 75 percent in the same annual poll just four years ago.”
“For some people in some areas,” the Post notes, the price of their college education rivals that of their homes….That’s a big life purchase.” What these people don’t yet have from colleges and universities, the Post adds, is the vital information [on the job market] that would help tell them what a degree is worth before they spend several hundred thousand dollars getting it.
“If you’re a Columbia grad with a computer-science degree,” the Post suggests, “you can probably write your own ticket. But if you’ve spent six years and gone into debt for a degree in hospitality, you probably won’t get the return on investment that would make it worthwhile.” Needed, for example, is information about which majors offer the most job opportunities, which majors pay off least and the job-success rates for grads.