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Seems unlikely to drive the cost of education lower. The value of a degree will continue to lose ground against the cost. This is not good.
by RickJWag 9y ago
Seems unlikely to drive the cost of education lower.
The value of a degree will continue to lose ground against the cost. This is not good.
- ThrustVectoring 9y agoThis is a direct consequence of rising enrollment rates in college. A degree is a largely a positional good - it only helps your employment prospects by making the limited number of open positions more likely to be filled by you rather than someone without a degree. In other words, the marginal extra law degree results in nearer to zero additional employed lawyers, rather than one.