Thursday, April 26, 2012

Wall Street Journal on Educational Attainment

The Wall Street Journal has a front-page article today on the slowdown in the growth of educational attainment. The article does an unusually nice job of explaining the nuances of this story - e.g., that it is male attainment that is stagnant and that the sticker price of college is much higher than the net price. I throw in my two cents by noting that students may not know that the net price is as low as it is:

"Governments and colleges have offered more financial aid, but the complexity of the
American system—a dizzying array of grants and loans, tax deductions and scholarships
—confuses and sometimes scares off some potential college-goers, says University of
Michigan economist Susan Dynarski."