Professor John L Naman notes at the end of his post...
4) If this isn't true in one form or another, you should question the
actual
value of attending college -- it sounds like it would be better to start a
business at age 16 and just start plowing ahead.
For those of you who might not have seen it, the argument in Professor
Naman's point #4 has just been set forth in Forbes Magazine. Those who are
interested can point their browsers to
http://www.forbes.com/forbes/98/1228/6214104a.htm
The article is titled "The tyranny of the diploma" and it is clearly an
attempt to debunk the myths surrounding earnings differentials between
college grads and those without degrees.
Fred Nickols, Executive Director
Strategic Planning & Management Services
Educational Testing Service [01-D]
Princeton, NJ 08541
Tel = 609.734.5077 Fax = 609.734.5590
e-mail =
fnickols@ets.org
Views expressed are the author's, not ETS's.