Temple University Economics Professor Doug Webber does some fascinating research on the impact of our academic choices in college. In a world plagued by a lust for prestige, how much does it really matter in terms of your ability to earn a good living?
New York’s Governor Andrew Cuomo recently championed and passed the nation’s first plan to offer free college tuition to state residents attending state public colleges called “The Excelsior Scholarship.” Free always sounds good, but does it make for good policy? Professor Doug Webber, a labor economist at Temple University who has contributed to fivethirtyeight.com, Fortune, and has testified before congress on matters of higher education, helps us understand what about this plan is good, and what about this plan might actually be really bad policy. We use NY Times columnist David Brooks’ scathing 8-point critique (“The Cuomo College Fiasco” NYT 4/14/17) as a frame for this discussion. Continue reading →
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