Wednesday, February 21, 2007

Is this why more people don't go to college?

I thought this post was apt considering that we are on vacation this week.

"In technical terms, my claim is that our currently high return to education is a compensating differential. As demand for educated labor has gone up, the marginal college student has rapidly become a person who hates school, and has to be paid a ton of compensation for the pain and suffering of listening to people like Brad and me for hours on end."

Hopefully this is not my class!

1 comment:

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