When the former chief executive of student-loan giant Sallie Mae admits that it is criminal what colleges charge for tuition, it’s finally time to ask why (“A Student-Loan Titan Thinks Twice,” The Wall Street Journal, July 24). The short answer, as Al Lord said, is that they keep raising tuition because they can.
What would happen, however, if enough young people and their parents said enough and began to boycott colleges and universities? I’ve long maintained that we have been wildly oversold on the importance of a college degree. College is merely the most convenient place to learn how to learn. It is not an absolute requirement.
So many majors leave graduates ill prepared to enter the workplace. Those that manage to land a job find that what they studied in college has little relevance to their tasks.
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