On the 'value' of postsecondary education 

February 14, 2020

Improvements are certainly long overdue in the way higher education institutions operate, writes Anthony P Carnevale, "but the value of a college degree in the workplace is without question." While some recent American studies demonstrate that "wealth premiums" gained from higher education are not increasing as quickly as they did previously, Carnevale challenges a simplistic reading of these statistics by arguing that 45% of wealth comes from inheritance. "Raising alarms about the value of college because graduates aren’t able to accumulate wealth more quickly is like saying the graduation party was ruined because the champagne wasn’t cold enough," concludes Carnevale.   Inside Higher Ed  (International)