I wrote 3 theses on higher education. The one people seemed to get the biggest kick out of was the last one, in which I argue that free college would disproportionately benefit rich kids (they are disproportionately represented and pay more than their non-rich cohorts due to price discrimination). One point I did not bring… Continue reading 4 responses to my higher education piece
Results for "college wage premium"
Policy Shop: Which Economic Classes Have the Most Student Debt?
New post at Policy Shop. Excerpt: Whatever else there is to say about student debt, it cannot be said that debt falls primarily on lower income households. You would expect, from what we know of the college wage premium, that debt would primarily fall on higher income households, and indeed that’s what you find. For… Continue reading Policy Shop: Which Economic Classes Have the Most Student Debt?
Latest Fed report on student debt
The Federal Reserve released another report on household debt in the past week or so. The report’s detailing of student debt trends has received considerable attention, including from the New York Times. Since our society loves to tell this hilarious story about our institutions of higher education being factories of egalitarianism and social mobility, this… Continue reading Latest Fed report on student debt
Chris Maisano on student debt
I am reading through the latest Jacobin release right now. In it, Chris Maisano has a piece on student debt titled “The Soul of Student Debt.” The basic gist of the piece is that charging for college forces students to make economic calculations about their degree and future career. That is, students have to pick… Continue reading Chris Maisano on student debt
What sort of people actually lost jobs during the recession?
A new report from Georgetown researchers details the effect of the recent recession and recovery on jobs, broken up by educational attainment. The New York Times and the Washington Post have coverage. Relying on Census data, the researchers figure out how many jobs were lost or gained during the recession and recovery for individuals with… Continue reading What sort of people actually lost jobs during the recession?