Friday, January 18, 2013

Don’t pay for all of your kids’ college education

Don’t pay for all of your kids’ college education

Arnold Kling, the MCCD Honors Speaker scheduled for February 20, 2013 may well have something to add to this analysis. Intuitively, this seems obvious and, my experience has been that students with skin in the game tend to better grasp the opportunity cost of higher education and weigh the future benefits of that education with greater precision than do their counterparts who are in school at low opportunity cost and low or no money cost to themselves.

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