“Go to college”
So says Google's Chairman Eric Schmidt in a speech at SXSW. Schmidt said: "If all you care about is money, you should go to college. If all you care about is culture and creativity, you should go to college. If all…
The safety net and employment
Conventional wisdom seems to be that a generous safety net reduces the number of people that work. The thinking goes if you pay people enough not to work, they won't seek and find work. Acting on those beliefs, Michigan, particularly…
Not time for a celebration
In an editorial entitled Snyder must sell how a 2nd term would overcome shortcomings of his 1st, Stephen Henderson, Detroit Free Press Editorial Page Editor, wrote: "I think he’s (Governor Snyder) premature in taking victory laps, especially with the unemployment rate…
Student loans: a good investment
Conventional wisdom is that college educated Millennials are being crushed by student loans. A burden that will weigh them down economically for a lifetime. Its nonsense. Using data from The Ladders.com, Business Insider demonstrates the value of a four year…
College: a better investment than stocks or home ownership
I’m frequently asked about the effects of rising and high tuition on college attainment. I answer in two parts. The first is obvious, of course, high tuition to some degree depresses college attendance. In a recent article AP’s Kathy Barks…