All entries for Sunday 23 April 2006

April 23, 2006

The "true cost" of a college education

Writing about web page,,1759496,00.html

Story on front page of the Observer – 23 April.

I would suggest that it is somewhat misleading:

  • It is rather difficult to locate the 'research' referred to in the article. I haven't found it yet.
  • It articulates the benefits of non-attendance at university and two year degrees in terms of cash and debt (actually rather poorly defined) with no indication of the real value of HE.
  • Gabbitas is a consultancy company focused on the independent sector – this is a rather easy promotional device it seems to me.
The spiralling costs of university education in England and Wales mean that it is only when graduates with a three-year degree turn 33 – after 12 years of full-time work – that their earnings overtake those of someone who began work at 18. Five years ago, graduates reached that break-even point at 28.

There are so many assertions and unspecified and unsourced figures in here that it cannot be taken seriously.

I could go on – but this is just poor.

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