It is becoming increasingly difficult to pick up a newspaper, open a magazine, or walk into a bookstore without being confronted with yet another screed about the problems of higher education in America, each one seemingly more shrill than the last. With book titles such as Academically Adrift, or American Higher Education in Crisis?, or Why Does College Cost So Much?, it is no wonder that the parents of a prospective college student are confused and frustrated as they enter the season of campus visitations.
By way of welcoming the start of college this fall, The New York Times recently devoted its entire Sunday magazine (Sept. 13) to a series of articles collectively entitled Collegeland. If anyone thought it was safe to go back into the academic waters, these articles will frighten them back to the beach before they get their ankles wet.
There is no question that problems abound in the world of American higher education; they are serious, and they need to be addressed. But the good news is that genuine efforts are under way at many colleges and universities to implement solutions to these problems. Not every college is deaf to the voices of criticism. Consider three of the most vexing concerns:
We’ve spent five weeks looking at the question that continues to be the focus of reports and articles in the media – “Is college worth it?” – from the standpoint of four distinct concerns: its perceived lack of affordability; the burden of debt that faces so many graduates; the relative scarcity of well-paying jobs for recent college graduates; and the risk that a student will borrow money, not complete his or her course of study, and be economically worse off than if he or she had never started. (As an aside, I should note that the question of the worth of a college education has been so frequently asked that it is now being satirized. The Onion recently posted the following headline on its website: “Study Finds College Still More Worthwhile Than Spending 4 Years Chained to Radiator.”)
In previous blog posts on this topic, we have explored concerns relating to how expensive a college education has become; how many students are graduating with considerable debt; and how difficult it is for some graduates to find good jobs – all preparatory to a final discussion on the underlying question: Is college worth it? Before we take that question on, however, we must review a fourth concern:
Not enough college students are graduating, leaving them in debt and without a degree.
This is the most serious and significant of the four topics we have been discussing.
To begin, there are many studies regarding the economic impact on individuals with college degrees in comparison to those with just a high school education.