On the Pope Center’s website today, Jane Shaw takes a look at a recent study done by Professor Richard Vedder and grad student Andrew Gillen on North Carolina’s higher education spending. The paper has some interesting findings, among them that while NC spends substantially more per student (i.e., subsidizes higher ed) than do neighboring states, it lags behind when it comes to the percentage of people with college degrees.

I hope that UNC officials don’t read the Vedder/Gillen paper and say, “We’ve got to find some way to keep students in college! Those dropout figures make us look terrible!” The trouble, in my view, isn’t that we suffer from having too few people get those pieces of paper saying “I’m a college graduate” but that we induce far too many to enroll in college in the first place.