Thursday, December 22, 2011

Team O's Denial on College-Cost Crisis | Neal McCluskey | Cato Institute: Commentary

Team O's Denial on College-Cost Crisis | Neal McCluskey | Cato Institute: Commentary: 'Only about 57 percent of people who start four-year programs finish within six years, and most of the remaining 43 percent will probably never graduate. So lots of people will gamble for $1 million, but few will win.'

'The Obama administration has set the goal of leading the world in the percentage of the population possessing a college degree.

But the reality is that we've already got armies of people in college who'll never finish. There's little reason to think we could get even more people in and through.'

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