EconTalk has a great episode on this. "ryan Caplan of George Mason University and blogger at EconLog talks to EconTalk host Russ Roberts about the value of a c

EconTalk has a great episode on this. "ryan Caplan of George Mason University and blogger at EconLog talks to EconTalk host Russ Roberts about the value of a college education. Caplan argues that the extra amount that college graduates earn relative to high school graduates is misleading as a guide for attending college--it ignores the fact that a sizable number of students don't graduate and never earn that extra money. Caplan argues that the monetary benefits of a college education have a large signaling component rather than representing the value of the knowledge that's learned. Caplan closes by arguing that the subsidies to education should be reduced rather than increased." http://www.econtalk.org/archives/2014/04/bryan_caplan_on.html http://www.econtalk.org/archives/2014/04/bryan_caplan_on.htm...