Or so the Center for College Affordability and Productivity reports. Allie Bidwell at the Chronicle of Higher Edumacation explains what’s in a report from Richard Vedder, Jonathan Robe and Christopher Denhart. It’s not good news for the parents or whomever is writing the check for these degrees. (In many cases, it’s the taxpayer funding this largess.)
Mr. Robe, a research fellow at the center, said that the “bartender with a bachelor’s degree” is a classic example of the lack of jobs that require a college education. Many college graduates who take jobs as bartenders or taxicab drivers have better options, he said. But vacancies in those occupations tend to be filled by other college graduates, a trend that slowly crowds out high-school graduates and dropouts.
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