A College “Education” Has Little to do with Education

“Even if Susie doesn’t meet a doctor at college, it’s still best to send Susie to a place where she learns to socialize and interact with the sorts of people who will eventually become doctors and engineers and successful business people. When one is finished with his or her “education,” one has a nice degree to show for it, plus a social circle comprised of  presumably soon-to-be-successful people.

So, it shouldn’t surprise anyone that it turns out rich Hollywood actors with intellectually and academically mediocre children have become obsessed with getting their children into high-status colleges. They employ bribes and fake test scores to purchase what they’ve always been able to purchase otherwise: a stylish consumer product, which is essentially all a college degree is for most people.”

https://mises.org/wire/college-education-has-little-do-education