College May Not Be Worth It Anymore
Some info in here related to this thread, both the OP and the hijack.
1. College may not be worth it for folks starting off poor. They don’t get as much of a salary bump as those starting off middle or upper class, even with the same degree, and with costs going up they may never make back the expense. It’s a class thing.
2. It’s also a race thing. Minorities make less than whites even with a comparable college degree.
3. A college degree is a barrier to entry to many high paying jobs - many jobs whose duties don’t require a college degree nevertheless require one to be hired.
4. Minorities and poors are less likely to be admitted to elite universities, which bestow a greater salary bump than non-elites. And they're less likely to graduate if they do get in.
Some takeaways: if you want to close the income gap between poors, which overlaps heavily with the category of minorities, and middle-to-upper classes, then a diversity program that recruits minorities into elite universities and helps them succeed there would seem to be a natural step. You can quibble about how much to spend on such a program, but if one of your goals is to reduce class- and race-based inequality, then if you want to cut it down to essentially nothing, as Tahoe seems to want to do, then you’ll have to figure out another way to get there.