My last blog post on university tuition – which said that higher education has both public and private returns and charges should be arranged commensurate with the latter – seems to have sparked a variety of responses by email and on the blog. Some of you were trolling, I think, or playing devil’s advocate, anyway. Others had serious objections. Regardless, the counter-arguments essentially came in two varieties, and I want to take a moment today to answer both.
The “But-lower-levels-of-education-have-private-returns-too-so-why-not-charge-for-K-12?” … [ Read More ]