On Obama's Proposal for Two Years of "Free" Community College - Quick Addendum

Another unintended consequence here is that of degree inflation. As iconoclastic economist, Bryan Caplan, has pointed out, education is essentially the equivalent of standing up at a concert to see better. Yeah, it works, but if everybody there starts to do it it quickly doesn't....................................................................................................And as for all of those skills that we learn at school and those being helpful, again, the answer here is, no. Referencing Mr. Caplan again, he posits (accurately, in my estimation) that 90% of what we learn in college has absolutely no relevance whatsoever to employment (and, yes, this is true even in fields such as law) and the only reason that employers tend to choose folks with degrees over folks without them is that these degrees "signal" something to them (intelligence, perseverance, reliability dedication, etc.), AND that if you continuously water down the degree, you water down the signal as well....Makes total sense once you think about it.