Should You Keep Up the Joneses?

While universities debate whether to re-open on schedule for the fall semester, it’s expected that hundreds of colleges that were in financial distress will shutter their doors. While that might seem like obvious evidence of decline in higher education, economist Bryan Caplan suggests otherwise. In his controversial book, The Case Against Education, he argues that higher ed does relatively little, well, ‘ed.’ COVID-19 might just help expose the systemic failures of higher education in America.

Could COVID-19 help us rethink how we do higher-ed? What was wrong with higher education before the pandemic that we could fix now? how is higher education just a signaling mechanism to employers?

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