Is College Education an Unneeded Luxury For Many?

The college system does more for colleges, teachers and staff, on balance, than it does for a large portion of their consumers.

Only 40% of two million college freshmen graduate in four years; 45% never graduate. And graduates are ill-prepared for careers.

Forget about education. The experience helps parents boast that their kids went to college, and it does the same for the dropouts themselves. They generally never have to mention whether they ever did earn a degree or job skills.

Or whether their major was medicine or “communications,” or a form of physical ed. Whatever the major, it frequently fails to prepare a student for a worthwhile job. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)