> There's been a fair bit of research showing that the college wage premia is large and positive. Now, there are lots of arguments to be had about the mechanis

> There's been a fair bit of research showing that the college wage premia is large and positive. Now, there are lots of arguments to be had about the mechanism by which that premia arises and to what extent it is fair, but its existence is not in question. Not many people are arguing it doesn't exist. People (or at least I) am giving evidence that college is not the only way to obtain this "premia," and that there is a cost, beyond which if college exceeds that cost, college is no longer favorable over its alternatives. Of course this is highly dependent on the university attended and the degree received and also depends on the individual involved. To blindly say, "college is always better" ignores all this evidence and turns off our minds to alternatives.