“Bryan Caplan’s new book is a rigorous rebuttal to the claim that everyone should go to college.
It’s common to hear politicians wish aloud that everyone should have access to a quality college education. As rhetoric, it sounds lovely, but as in many a fairy tale, there’s good reason to be careful what we wish for.
It’s an arms race where everybody loses, and there’s no reason it will stop at college degrees. The same do-gooders who made it possible for everyone to have a bachelor’s degree will soon want to give everyone a Ph.D. Children used to start school at six years old. Then kindergarten kicked in at five. Then pre-K at four. Pretty soon, babies just out of the womb could be shuttled into formal education programs in the hope of getting a leg up on the increasingly stiff competition. And remember that this competition is not about who knows the most or can do the best job, it’s simply about who has the most impressive credentials.”