Morning Must-Read: Dylan Matthews: The Tuition is Too Damn High, Part II: Why college is still worth it

Dylan Matthews (2013): The Tuition is Too Damn High, Part II: Why college is still worth it: “Perhaps the most persuasive skeptical case…

…is that while the average student still benefits from college, that doesn’t mean the marginal student does…. The best study I’ve seen on this comes from Seth Zimmerman, a PhD student at Yale. He compared the earnings of Florida students whose GPAs were just above and just below the Florida State University system’s cutoff. There’s a huge effect of being just above the cutoff (3.0, for most students), suggesting that students at the margin still gain substantially from college…. Work by Nobel laureate James Heckman and his colleagues backs this up…