This seems like a variation on the lump of labor fallacy.[1] Now, the acquisition of a degree might or might not be everything we think it is, where “formal ed

This seems like a variation on the lump of labor fallacy.[1] Now, the acquisition of a degree might or might not be everything we think it is, where “formal education” and “valuable learning” are perhaps-incorrectly equated. But if we assume that college is economically valuable, having more people educated seems hard to argue with. [1] http://en.wikipedia.org/wiki/Lump_of_labour_fallacy http://en.wikipedia.org/wiki/Lump_of_labour_fallacy