Those who’ve bought into George Leef’s notion that college is oversold might find the following National Review blurb particularly interesting:
Whatever you may think is the purpose of higher education, there is a case to be made that public funding of college-level studies should bear some relation to the requirements of the national economy. In mainland China, where most higher education is paid for by the state, the government has found this case persuasive. They have recently announced that funding of college majors will in the future be determined by graduate employment rates. Fields in which the employment rate for graduates falls below 60 percent for two consecutive years will have their state subsidies cut back or eliminated. It pains us to find ourselves in agreement with the Chinese Communist party on anything at all, but this new policy is surely a sound one. If applied in the U.S., it would have two highly desirable side effects: one, there would be fewer unemployed graduates available to populate the “Occupy” movements, and two, the liberal professoriate would be furious.
