Eliminate or Radically Restructure Federal Student Loans

A recent defense of student loans by Jason Delisle of the American Enterprise Institute is, uncharacteristically for him, off-base. He defends the federal student loan program, which he correctly notes is criticized by those on the left (“college should be free”) as well as on the right (“student loan programs have raised the price of … Continue reading “Eliminate or Radically Restructure Federal Student Loans”


Some Useful Information to Help Students Choose a College

Many students come to regret their choice of college. They expect that getting a degree will mean a significant boost in their labor market prospects, but often their college “investment” fails to pay off. That might be due to a lack of effort on the student’s part.  Quite a few enroll in college mainly for … Continue reading “Some Useful Information to Help Students Choose a College”


Credential Inflation: What’s Causing It and What Can We Do About It?

Credential inflation refers to an increase in the education credentials required for a job—for example, a job that used to be done by high school graduates but now requires new hires to have a college degree. Credential inflation has been going on for decades. One of the earliest mentions of it is in professor Randall … Continue reading “Credential Inflation: What’s Causing It and What Can We Do About It?”