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The Toyota Corolla Theory of College - The Atlantic

theatlantic.com · 1,362 words · saved by 1 readers

Higher education risks becoming a cut-price assembly line. There’s a better way of producing good learning.

Over recent decades, the price of higher-education tuition has risen faster than costs in any other major consumer category , outpacing even medical care and housing. Despite that, for a while, applications kept flooding in—and for good reason: College was still worth it. As the MIT economist David Autor argued in 2014, “the real lifetime earnings premium to college education has likely never been higher.” Yet today, the value of college is slipping in Americans’ eyes. Fifty-six percent of respondents to a recent survey said a four-year degree was a “bad bet.” Enrollment has been declining sin

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