It should go without saying that the IQ equivalent of 300 pounds for theoretical physicists is different than for, say, public policy analysts. But there is an equivalent for success in every job—and for success in every college major. And, yes, it does of course have fuzzy borders. There are still a few 288-pound offensive tackles out there.
Also from This Issue
Down with the Four-Year College Degree!
by Charles Murray
In this month’s provocative lead essay, the American Enterprise Institute’s Charles Murray draws from his new book, Real Education: Four Simple Truths for Bringing America’s Schools Back to Reality, to argue against America’s obsession with the four-year BA degree. Murray argues that the BA “wreaks harm on a majority of young people, is grotesquely inefficient as a source of information for employers, and is implicated in the emergence of a class-riven America.” Murray contends that vocational training and a new regime of certification testing would provide a superior alternative to a college degree for many high school grads.
If the BA Is the Work of the Devil, It’s Not His Best Work
by Pedro Carneiro
Economist Pedro Carneiro of University College London – an authority on the relationship between education, human capital, and wages – agrees with much of Murray’s argument, but questions its relevance. Some people may be making a mistake in pursuing a BA, but it’s not a very big mistake, Carneiro says. “For most of those enrolling in college, a BA has a good expected return, but there is some risk,” and not notably more risk than with other investments. The real worry, Carneiro argues, is that stagnation in college enrollments “may cause problems for [economic] growth in the years to come.”
Murray Needs a Model — How About Mine?
by Bryan Caplan
George Mason University economist Bryan Caplan agrees with Charles Murray’s claims that not everyone is suited to college, that four years is too long, and that few career-relevant skills are learned there. But then what explains the wage premium for college grads? Caplan notes that Murray flirts with a “signaling” model but argues he needs to take it more seriously. But then why haven’t certification test already caught on, Caplan wonders. Why don’t employers already cut out the college middle man and directly hire top high school grads? “An unfortunate implication of the signaling model is that cutting the BA down to size will be a lot harder than Murray thinks. As far as employers are concerned, the BA works.”
The Best of American Opportunity
by Kevin Carey
Kevin Carey, research and policy manager for Education Sector, argues that the “mass production of bachelor’s degrees” in the 20th century gave the United States one of the world’s best-educated labor forces, and all signs point to the stunning success of mass higher education. Carey says that Murray “does not come close” to showing that the “BA is the work of the devil.” If an alternative system of certification testing made sense, Carey argues, we would expect to see it already, but we don’t because “employers value the bachelor’s degree.” The flexibility of the American system, which allows students to get a good general education without committing to narrow vocational training, is one of its strengths. And so many drop out of college, Cary maintains, not because they are unprepared or unable to benefit, but because the academic environment and teaching are often discouragingly low. “The bachelor’s degree represents the best of American opportunity,” Carey writes. “We need to make it better, not tear it down.”
- What Justifies the Stigma of Not Getting a BA? by Charles Murray
- A Gross Exaggeration by Kevin Carey
- Murray Is Selling His Own Argument Short by Bryan Caplan
- Dropping Out and the Return to Education by Bryan Caplan
- Please Explain the Point about the Stigma by Pedro Carneiro
- If Higher Ed Subsidies Are Wasteful, Why Don’t We See Competitive Countries Cutting Them? by Kevin Carey
- Do You Have Any Idea What an IQ of 110 Is Like? by Charles Murray
- Why Are So Many “College-Unready” Students Doing So Well in College? by Kevin Carey
- Clarifying What I Thought Was Already A Clear Position by Charles Murray
- Why Do Students Drop Out, and Does It Matter? by Bryan Caplan
- But All the Other Countries Are Doing It! by Bryan Caplan
- The 300-Pound NFL Lineman in the Room by Charles Murray
- Thresholds: Who Needs Them? by Bryan Caplan
- Let’s Make Academic Records More Informative by Kevin Carey
- Improving College at the Margins by Pedro Carneiro
- More Closure than Usual by Charles Murray
- Closing Questions by Bryan Caplan