RISING INEQUALITY
“Recently,
as wage
stagnation and
rising
inequality have
emerged as
serious problems, the economic arguments for higher education have
come to the fore. ‘Earning a post-secondary degree or credential is
no longer just a pathway to opportunity for a talented few,’ the
White House Web site states. ‘Rather, it is a prerequisite for the
growing jobs of the new economy.’ Commentators and academic
economists have claimed that college doesn't merely help
individuals get higher-paying jobs; it raises wages throughout the
economy and helps ameliorate rising inequality.”
serious problems, the economic arguments for higher education have
come to the fore. ‘Earning a post-secondary degree or credential is
no longer just a pathway to opportunity for a talented few,’ the
White House Web site states. ‘Rather, it is a prerequisite for the
growing jobs of the new economy.’ Commentators and academic
economists have claimed that college doesn't merely help
individuals get higher-paying jobs; it raises wages throughout the
economy and helps ameliorate rising inequality.”
Cassidy, John, “College Calculus, What’s the Real Value of
College Education?” New Yorker, September 7, 2015, pp: 80-84.
