Thursday, September 24, 2009

Apparently "going to college is a big fat waste of money.”

This ought to make capture your attention.The excerpt below says it all.[Crossing Wall Street]

"First, let’s consider how long it takes many students to finish college. Even after six years, only 54% of college students even get a degree. For high-school students in the bottom 40% of their class and who go to a four-year college, an amazing two-thirds hadn’t earned a diploma after eight-and-a-half years. Sheesh, that’s worse than Bluto! I can’t think of another industry that has such a dismal record."

This is an OK piece with a similar theme. But the banner at on top of the web page adds a touch of irony that's priceless. [The Economist Blog]