President Obama has put colleges on notice – if tuition does not stop rising, federal financing will drop. And he’s laid out proposals addressing both affordability and accountability. Some say this attention is long overdue, but others warn of unintended consequences. We’ll talk with leaders in New Hampshire higher-education about these issues in the state.
In this episode, Stephen Dubner breaks down the costs and benefits of going to college, especially during an economy that's leaving a lot of people un- and underemployed. The data say that college graduates make a lot more money in the long run and enjoy a host of other benefits as well. But does that justify the time and money? We'll hear from economists David Card, Betsey Stevenson, and Justin Wolfers, as well as former Bush advisor Karl Rove, who made it to the White House without a college degree.