Lately it’s become fashionable — especially among the highly credentialed — to question whether it’s really “worth it” to go to college. A recent report from the Harvard Graduate School of Education proposed deemphasizing college as the primary goal of our education system in favor of “multiple pathways” for students. Earlier this month, New York Magazine devoted almost 4,000 words to profiling venture capitalists (and college graduates) James Altucher and Peter Thiel and their efforts convince Americans that they’d be better off skipping college. Thiel is even creating a $100,000 fellowship for young people who agree to delay going to college in favor of an internship.
Make no mistake, there is widespread dissatisfaction with higher education. According to a new survey released by the Pew Research Center, only 40 percent of Americans felt that colleges provided an “excellent” or “good” value for the money. At the same time, 86 percent of college graduates still felt the investment was a good one for them.