Reasonably Optimistic What college costs — and what it’s worth
17 snips
May 2, 2025 Heather Long, an economics columnist at The Washington Post, dives into the rising costs of college and the complex value it holds today. She discusses how inflation and student debt are changing perceptions of higher education, questioning its return on investment. The impact of AI on job opportunities is also examined, sparking debate about the necessity of degrees. Long highlights the social benefits of college, like personal growth and networking, while suggesting a shift towards skill-based education as viable alternatives gain traction.
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AI Shifts Job Value
- Jobs that AI can't automate, like nursing and maintenance, are gaining importance.
- These roles, once undervalued, may see a resurgence due to AI's limitations.
College’s Social Value
- A tech entrepreneur succeeded without college, viewing it more as fun than necessary.
- College offers social benefits beyond professional preparation.
College as a Social Experience
- Drew fondly recalls college as fun, like summer camp with rich social and cultural experiences.
- He recognizes this access is a luxury many cannot afford but values the overall experience.