From Washington Post: Poor kids who do everything right don’t do better than rich kids who do everything wrong I had to double-check because the chart seems to contradicts the author’s thesis that the American meritocracy is dead and that upward mobility is impossible. It doesn’t look so bad when you consider that 67% of… Continue reading Despite indoctrination, a college degree may still be the best path out of poverty
Tag: higher education
The Student Loan Charade
From Bloomberg: Who’s Profiting from $1.2 Trillion of Federal Student Loans? For-profit colleges profit, so does the higher-ed bureaucracy. The issue is while student loan debt and tuition is high, the amount paid out of pocket by the student is low relative to the sticker price and only modestly exceeds the CPI. After taking into… Continue reading The Student Loan Charade
Breaking the Tuition Feedback Loop
From Aaron Clarey: On Reddit, 4chan, the blogospehre, and on Youtube, there are three ‘great debates’ that have been raging since 2013: SJWs/Gawker vs. Redpill/PUA/MRA/Gamergate, the largest most heated of the three, is an internet version of the age-old left vs. right schism, but the battle is waged on Twitter, Tumblr, Reddit, and blogs instead… Continue reading Breaking the Tuition Feedback Loop
College Degree – A Necessary Evil
From Return of Kings: The True Return On Investment Of A College Education A college degree in a high-paying field, such as STEM, finance or economics, can have a very good ROI. Contrary to the $100k-200k figures thrown around by the anti-college crowd, the average debt per student is around $30k, or about the same… Continue reading College Degree – A Necessary Evil
Stanford’s Free Tuition
The left is fuming over this: Stanford offers free tuition for families making less than $125,000 The left hates how they had to pay full tuition to go to a crappy no-name school, but high-IQ Stanford (and other Ivy League) students get free tuition and all the prestige that comes with a Stanford degree. This… Continue reading Stanford’s Free Tuition
Some Ideas to Reform Higher Education
Unlike some libertarians, I don’t believe the state is inherently oppressive. I believe in incrementalism, in making small changes to make a better society rather than uprooting society. An example is optimizing the allocation of public resources. We have a finite quantity of capital from tax payers dollars, it should be allocated in such a… Continue reading Some Ideas to Reform Higher Education
Much Needed IQ Realism in the Anti and Pro College Movements
There’s a misconception by the pro-college crowd that college is a stepping stone to success, or, according to the the anti-college crowd, that skipping college will give you an invaluable head-start in life. There are caveats to both of these, and the immutable laws of biology are to blame. College is just another IQ test,… Continue reading Much Needed IQ Realism in the Anti and Pro College Movements