Why We Don't Need To Produce More College Graduates

Robert Samuelson defends his position in this article.  He argues that we already produce more college graduates than the labor market requires.  We also don't teach them anything worthwhile while they are in college.  Colleges don't provide vocational skills, and we admit too many students who are not able to do college level work.  In other words, we should stop spending public money on a system that has been a major source of upward social mobility in America.  Apparently, we were better off in the"good old days" when access to higher education was limited to those from families that could pay the price.  The market system did a good job of rationing higher education.  Government intervention in the market system is always a mistake.