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by someguydave 16 days ago
But also the taxpayers and dollar holders have a right to ask for good management of their taxes and savings
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Individually-scoped education is objectively a good national investment
Can we quantify that? Does it apply equally to every college and major?
Yes, of course you can. On average, higher education tends to produce positive national returns. This has been studied over and over and over. The selection of major and college is largely irrelevant. Even though individual returns vary significantly by major, institution, completion rate, and labor-market conditions, the average measured return to higher education is positive enough that most competent economists view it as a productive public investment.