Are Too Many Students Going to College?

Sandy Baum, Bryan Caplan, W. Norton Grubb, Charles Murray, Marty Nemko,Richard K. Vedder, Marcus A. Winters, Alison Wolf and Daniel Yankelovich:

With student debt rising and more of those enrolled failing to graduate in four years, there is a growing sentiment that college may not be the best option for all students. At the same time, President Obama has called on every American to receive at least one year of higher education or vocational training. Behind the rhetoric lies disagreement over a series of issues: which students are most likely to succeed in college; what kind of college they should attend; whether the individual or society benefits more from postsecondary education; and whether college is worth the high cost and likely long-term debt. The Chronicle Review asked higher-education experts to weigh in.
Who should and shouldn’t go to college?
Alison Wolf: Anyone who meets the entry criteria and is willing to pay the fees should be able to go. In one sense, that just passes the buck–politicians then have to decide how much subsidy they are willing to provide. But it shouldn’t be up to them to decide how many people go, what they study, and why.
Charles Murray: It has been empirically demonstrated that doing well (B average or better) in a traditional college major in the arts and sciences requires levels of linguistic and logical/mathematical ability that only 10 to 15 percent of the nation’s youth possess. That doesn’t mean that only 10 to 15 percent should get more than a high-school education. It does mean that the four-year residential program leading to a B.A. is the wrong model for a large majority of young people.