Wednesday, May 30, 2007

$20 bills on the ground of your campus 

Brad DeLong wonders why more people don't go to college, when the college premium has risen to 90% from 30%. A commenter on Daniel Drezner's blog on the same subject wonders if some of that is explained by the premium's capture by colleges through higher tuition. But it can't be all. And I note just from watching #1 and his friends that the decision to delay college comes much easier these days. Casual empiricism, sure, but it's a mindset I don't recall seeing in my younger days.

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