Interesting Perspective: The College Scam Explained!
109,270
Jun 01, 2018
DESCRIPTION
A new book makes the case against education. Who would argue against education?
Economics professor Bryan Caplan. He tells John Stossel that "what we need to do is to go back to a world where college is not so accessible."
That's because most people don't learn much in college. Studies find that a third of people haven't learned anything detectable after four years in college.
Yet government pours about $80 billion a year into college subsidies.
"Taxpayers ought to know that they're getting ripped off," Caplan tells Stossel.
He says taxpayer money mostly helps more people signal their ability to conform to college expectations.
When people get fancier degrees, says Caplan, "their income generally goes up...but the reason...is not really that college is pouring tons of job skills into you. The reason is that it's impressive."
Lots of signaling, he points out, is bad for society.
"Imagine that you were at a concert, everyone's sitting down and you want to see better," Caplan says. "What can you do? Well, you can stand up, and of course then you'll see better. Now, it does not follow though that if everyone stands up, everyone sees better."
As more people get degrees, more employers demand that "signal."
Employers now require degrees for "jobs where it used to be crazy to think they would need a college degree," like being a high-end waiter, says Caplan.
Stossel pushes back: Surely college is also about learning.
Caplan responds that if students wanted to learn they can just walk on to a campus and attend class. Caplan says professors are happy to let the student attend. But few students do that.
"In people's bones they realize that what really counts is that diploma," Caplan argues.
Caplan does think college is great for a few people like him—tenured professors. Posted By Ghost
nextvideos
Interesting Perspective: The College Scam Explained!
109,270
Jun 01, 2018
Interesting: Every 'Useless' Body Part Explained From Head To Toe!
89,284
Aug 13, 2023
College Students Do A Cover For Lil Jon's "Get Low"! (White Edition)
236,085
Nov 02, 2011
Interesting Perspective: Atheist Comedian "Stephen Fry" On What He Would Do If He Met God!
237,279
Jan 31, 2015
Jay-Z Short Speech At Virginia Union College Supporting Obama!
127,236
Nov 02, 2008
Systemic Racism Explained!
197,180
Jun 03, 2020
Environmental Racism Explained!
171,125
Jan 30, 2016
The Wealth Of The Royal Family Explained!
164,827
May 20, 2018
Dizzy Wright Feat. Chel'le - The Perspective
62,104
Feb 18, 2014
Life Explained In 28 Seconds!
323,029
Apr 11, 2015
Lol: Perspective Is A M.f.er!
539,124
Jan 17, 2014
Simeon Walton War Veteran Gives His Perspective On The Upcoming NFL Protest [Sponsored]
59,159
Jul 17, 2020
On Blast T-Weed. From I Love New York Gets Busted For Scamming Woman Into Getting Them Naked!: "You Can't Trust A Guy Named T-Weed"
86,741
Oct 08, 2009
Hooliii - Perspective Poverty II [Unsigned Artist]
269,610
May 03, 2019
Hi Dolla Honey - Free Speech (What Really Happened To Hi Dolla Hone)(Scam Artists) [15 Min][User Submitted]
95,532
Jan 10, 2011
The North Korean Military Threat To America And Its Allies, Explained!
169,978
Apr 28, 2017
Thought They Was Low: Whats Going On In The Background On Hey Arnold?
422,841
Feb 02, 2018
The Differences Between Porn Sex And Real Life Sex! (Explained With Fruits)
1,577,995
Jul 30, 2013
The Dirtiest Scam In India!
246,119
May 27, 2020
BranD0n - NightVision [Unsigned Artist] [Audio]
39,851
Nov 27, 2013
Inspirational Clip Of The Week: The Meaning Of Life Explained By A 3rd Grader!
149,536
Oct 01, 2014
Netflix's 'Bird Box' Movie Explained!
262,589
Dec 28, 2018
Tupac Shakur's Unsolved Murder Conspiracy Theory, Explained!
271,633
Nov 14, 2017
Girl Covers Drake's Hotline Bling (Female Perspective)
206,053
Nov 10, 2015
Deep: Pastor Says Perspective Is Why Our Nation Has A Strong Racial Divide!
111,300
Nov 09, 2017
Heroes: Brave College Kids Chase Away Knife Wielding Lunatic From Their School!
181,096
Mar 06, 2018
Perennial Dependents: Welfare For Black Americans Explained Under 2 Minutes!
83,344
Mar 03, 2024
Scam Callers Threaten Police Captain With Arrest!
286,649
Aug 27, 2019
Largest Admission Scam Ever: Dozens Of Actors, CEO's & Coaches Paid Colleges To Help Their Children Not Only Get Accepted But Also To Cheat On Exams!
350,005
Mar 13, 2019
Out Of Pocket: The Most Interesting Niqqa In The World!
183,532
Jun 01, 2012
Former Scammer From India Explains Why He Went Undercover To Help Warn Would-Be Scam Victims!
93,321
Aug 23, 2021
Talk About Front Row Seats.. The Speed And Power From This Perspective Is Unreal!
268,551
Apr 13, 2021
Classic: The Difference Between Men's Brains & Women's Brains Explained Perfectly!
593,309
Aug 28, 2014
Dumbazz Of The Week: Insurance Scam Fail!
381,506
Oct 24, 2011
Dear Trump Supporters! (Muslim Man's Perspective On Trump Supporters)
100,301
Apr 11, 2016
Grand Theft Auto 5: A New Perspective (First Person Mode Trailer)
778,090
Nov 04, 2014
Interesting Documentary Of The Week: Black American Men In Brazil
432,306
Mar 01, 2013
Romeo Of The College Boyys "There Are Alot Of Gangstas In College Too" (Speaks On Putting Out A Positive Message For College Students)
109,441
Mar 25, 2010
Worst Catfish Scam Ever!
407,373
Jan 15, 2014
Interesting Views: Sh*t Steve Harvey Says!
343,071
May 03, 2012