The value of the college experience is real and large and variegated. It's not just about getting connections so you can get a job at goldman or mackenzie. You are deeply affected by the random assignment of your first year roommate. But it also has impacts in your political views, your social views.
America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of “Freakonomics Radio Goes Back to School.”)