Here's a great discussion between former Reason Editor Virginia Postrel and Instapundit's Glenn Reynolds about college majors, the higher-ed bubbule, and why Barack Obama was wrong to single out Art History as a useless, impractical course of study.
Nobody has been more forward in calling attention to the "higher ed bubble" than Reynolds and no one brings more knowledge and analysis to lazy conventional wisdom than Postrel, who writes at Bloomberg View. Postrel notes that she was lucky enough to go to college at a time when it was taken for granted that degrees wouldn't pay off economically, so she was free to get an actual education rather than a particular skill that may or may not even exist by the time you graduate.
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