Humanities degrees are rarely praised for their practicality. Indeed, numerous policy leaders, and even President Obama, routinely push STEM fields. The perceived earnings picture for graduates of the humanities is usually thought of as even more bleak. This is hardly the case, however, according to Forbes’s Jeffery Dorfman. In fact, English, French, history, philosophy, and political science graduates have an average return of about 300-700% on their college investment. Read the full article here.
President Christopher B. Nelson, of St. John's College, penned an editorial in The Washington Post that sought to defend the value of a Liberal Arts education. Wrote Nelson, "The lens of economics distorts our judgment about the true worth of higher education. The things that matter most in education...do not fit this [economics] paradigm. They are not scarce, and yet they are extremely valuable—indeed they are among the most valuable in human life. They do not become scarce by being shared. Instead, they expand and grow the more they are shared." Read the full article here.
Kaitlin Mulhere of Inside Higher Ed reviewed and summarized College Board's recently released Trends in Higher Education reports. Among the key findings of Trends in College Pricing was that, contrary to popular belief, tuition is not 'skyrocketing' at America's public and private universities. In fact, real tuition increases between 2004-2005 and 2014-2015 were actually smaller than the average increases in tuition from 1994-1995 to 2004-2005. Read Mulhere's full article here.