Useless College Extravagance

               

Suggested reading: "Going Broke by Degree: Why College Costs Too Much," by Richard Vedder and "Faculty Lounges and Other Reasons and also Why You Won't Get the College Education You Paid For." by Naomi Schafer Riley,

                               

In the Vedder book, for instance, you learn that two out of five students entering four-year study programs don't achieve a bachelor's degree after the sixth year. And that colleges accept these students because of the money they bring, usually government-guaranteed loans.

                       

Comments are quite instructive; you will learn why it appears so many of our Ivy-League graduates appear to be far dumber than ordinary plain-vanilla grads of the not-so-distant past.

                       

Another example of college being useless: Vedder states there are 80,000 bartenders in the U. S. with bachelor's degrees, and17% of baggage porters and bellhops with college degrees, along with 15% of taxi/ limo drivers. (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)