The opening of my latest column at EveryJoe:
“Higher education can be a path to a successful life. Yet many successful people did not graduate from college and many unsuccessful people have impressive degrees.
“So who should go to college? And who should pay for it? Let’s start by imagining an average student who wants to go to college but has no money and compare that student’s options in a socialized and a free-market education system.
“In a socialized system, the government pays for it. The student eventually graduates, goes to work, and starts to pay taxes.
“In a free-market system, the student does some combination of working, receiving gifts or scholarships, and borrowing money from friends, family, and banks. The student eventually graduates, goes to work, and starts to pay back the loans.
“So what’s the difference? …” [Read more here.]
Previous column in The Good Life series: The Bhopal Chemical Spill Disaster: Who’s to Blame?