A pseudonymous professor decries the college premium:
The college premium exists, unfortunately, but it's an artificial construct. Colleges have inserted themselves squarely in the occupational world. Industry and academia march hand in hand to a song of credential inflation: young people who aspire to working at anything beyond fast-food assembly won’t get a look without the college diploma. Most B.A. degrees say little to employers in terms of specific skills; they are a marker, like a hand stamp that gains one entrance to a nightclub. They point to little more than a willingness to pay college tuition and complete degree requirements. Those lacking higher education find themselves ineligible for promotion, herded to lesser career tracks.
Yglesias believes college is in for a transformation on par with the one that has rocked the newspaper industry.
The Dish 