A discussion on an EconTalk podcast about trends in college education resonated with me. They discussed college as being an extended adolescence for many stude

A discussion on an EconTalk podcast about trends in college education resonated with me. They discussed college as being an extended adolescence for many students: today many students treat it as an expensive way to find one's way in the world and learn about oneself whereas going back 20 or 30 years it was more about improving your employment prospects. They cited as evidence the doubling of psychology undergraduate degrees (nice for learning about oneself, but lacking a corresponding increase in jobs available) granted over a period where STEM degrees remained flat. A similar doubling in performing and visual arts degrees was another trend they contrasted to STEM degree popularity stagnation. The podcast is at http://www.econtalk.org/archives/2011/12/tabarrok_on_inn.html http://www.econtalk.org/archives/2011/12/tabarrok_on_inn.htm...