© 2022 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Radio Made in Michigan

Reassessing the value of a college education

wkar_file_photo.jpg
WKAR file photo
/

We’ve all heard stories of Ph.D.'s who work as janitors or sales clerks. Increasingly, we’ve also heard of professionals who owe tens of thousands of dollars on their college loans and of recent college graduates unable to find work at all.

These trends are altering the long-standing conversation about the value of a college education.

According to Dr. Richard Vedder, director of the non-profit Center for College Affordability and Productivity, the trends are symptoms of a higher education "bubble" that’s postponing the dreams of millions of college graduates and their families and slowing economic growth in our country.

Dr. Vedder explains his thoughts behind what he sees as college's diminishing return on investment. 

Related Content
News from WKAR will never be behind a paywall. Ever. We need your help to keep our coverage free for everyone. Please consider supporting the news you rely on with a donation today. You can support our journalism for as little as $5. Every contribution, no matter the size, propels our vital coverage. Thank you.