Squandered Resources on College Education

By Walter E. Williams
 
Most college students do not belong in college. I am not by myself in this assessment. Washington Post columnist Robert Samuelson said, "It's time to drop the college-forall crusade," adding that "the college-for-all crusade has outlived its usefulness." Richard Vedder, professor emeritus of economics at Ohio University, reports that "the U.S. Labor Department says the majority of new American jobs over the next decade do not need a college degree. We have a six-digit number of college-educated janitors in the U.S." Vedder adds that there are "one-third of a million waiters and waitresses with college degrees." More than one-third of currently working college graduates are in jobs that do not require a degree, such as flight attendants, taxi drivers and salesmen. College was not a wise use of these students', their parents' and taxpayer resources.
 

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