2min chapter

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466. She’s From the Government, and She’s Here to Help

Freakonomics Radio

CHAPTER

Why Is Free Community College a Good Way to Spend a Hundred Billion Dollars?

Only about one half of those who enrol in an institution of higher education complete a certificate or degree within six years. The administrationis also proposing about 60 billion dollars in retention funds, which we know can be effective at improving completion rates. You've done research that looks at whether t lone debt leads graduates to pursue jobs that pay a lot versus jobs that might be in the public interest. Can you just summarize what you learn there and what you'd like to do about that? I would say almost all economists woul agreeha, over a lifetime, we see that additional years of schooling is a good investment. Is probably one of the best investments.

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