Instapundit » Blog Archive » HIGHER EDUCATION BUBBLE UPDATE: The Dwindling Power Of A College Degree. “Until the early 1970s, l…: "Of course, one reason why a bachelor’s degree on its own no longer conveys intelligence and capability is that a bachelor’s degree has gotten much easier to get, as part of a conscious strategy of giving everyone the markers of intelligence and capability. Remember Reynolds’ Law:I had missed or forgotten this one from Glenn but it's somewhere beyond a home run and nearly approaching orbital velocity as far as I can tell. Talk about a perfect encapsulation of our multiple crises...The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them."
And not unrelated to the Tinfoil Apocalypse...
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