This chapter discusses the reasons behind the perceived failure of for-profit education, including the expansion of for-profit education in certain fields, the lack of sufficient information for low-income students, and the completion rate for non-profit colleges. It also explores the issue of gender imbalance in universities and the potential need for affirmative action. The conversation delves into the pipeline problem between girls and boys in high schools and explores the value of an Ivy League degree.
Harvard professor Claudia Goldin has made a name for herself tackling difficult questions. What was the full economic cost of the American Civil War? Does education increase or lessen income inequality? What causes the gender pay gap—and how do you even measure it? Her approach, which often involves the unearthing of new historical data, has yielded lasting insights in several distinct areas of economics.
Claudia joined Tyler to discuss the rise of female billionaires in China, why the US gender earnings gap expanded in recent years, what’s behind falling marriage rates for those without a college degree, why the wage gap flips for Black women versus Black men, theoretical approaches for modeling intersectionality, gender ratios in economics, why she’s skeptical about happiness research, how the New York Times wedding announcement page has evolved, the problems with for-profit education, the value of an Ivy League degree, whether a Coasian solution existed to prevent the Civil War, which Americans were most likely to be anti-immigrant in the 1920s, her forthcoming work on Lanham schools, and more.
Read a full transcript enhanced with helpful links.
Recorded September 1st, 2021 Other ways to connect
Thumbnail photo credit: BBVA Foundation