“They remain wildly expensive while doing less than ever to prove their worth. This combination is not sustainable”

Josh Barro:

And that, of course, gets at a major reason why so many students are suddenly “disabled” — it gives them a leg up, academically, in a supposedly elite, achievement-measuring environment.1

A college education is supposed to both build human capital and send a signal about human capital to employers. The explosion of accommodations is one of several forces that are simultaneously undermining elite colleges’ value on both of those dimensions:

  • Admissions standards at many schools have gotten less rigorous. This is because many universities have made standardized testing optional for applicants; in some cases, colleges will not even consider standardized test scores that students voluntarily report. The University of California Board of Regents voted in 2020 to phase out using test scores in admissions decisions, and the result is an exploding fraction of students at UC San Diego who can’t do basic math. This undermines the signal value of the degree: having gained admission to a UC is not the signal of academic aptitude that it once was. It also undermines actual human capital creation, because top schools are enrolling an unknown (but increasing) number of students who won’t be able to learn advanced material.
  • Once students are in college, the grades they receive have greatly inflated — a majority of grades at Harvard College are now straight A’s. This reduces the signal value of a high GPA: if everyone gets the same A’s, you can’t tell from a transcript which students actually performed the best. It also reduces the fundamental value of a college education, because it gives students the option to work less hard and learn less while still getting good grades — an option many are surely taking.

Fast Lane Literacy by sedso