These two blog posts address the topic of how we understand the “value” of degrees. I started thinking about this not just because of the ongoing commentary in the media on this issue, but also because a friend asked me about whether I think “too many people” have degrees, and I think that question gets to the heart of a debate that has significant policy implications. In these posts I reflect on what we mean by “value” and how the different underlying assumptions about this idea have consequences for the imagined purpose of all education (not just PSE).
Part 1: Relative value.
Part 2: Inherent value.