Going off of the recent news about acceptance rates, part of the increase in applications to top schools may have to do with many realizing that the debt required for an undergraduate degree is not worth the value of the education unless it is from an elite institution.
More on the fleecing of the middle class by the University-Industrial Complex here.
Unfortunately rather true. Too many people are getting degrees in hopes that they will expiate for their lack of skills. If everyone has a degree though, doesn’t that simply move the average to a new point rather than uplift people? F. Charles Murray wrote a book on this in the 1980s called “The Bell Curve.”
The debt problem is even more disconcerting. Those kind liberals, who give and don’t take… they give up 6-figure debts and take 4 years of our lives.