Colleges’ Spiraling Costs Are Out of Line

Mark my words: colleges are the next hallowed institution to get smacked off their undeservedly and ridiculously high pedestal.

Don’t get me wrong–I think some aspects of college are absolutely fantastic: I learned much at my alma mater, Northwestern University. I really appreciate, and seek to support at every turn, my alumni network. I met my wife on a co-ed touch football field there.

But in this respect, colleges are simply bogus: their spiraling costs are out of whack with the rest of society, and have the feel of “status bumps”–jacking up the cost to simply look more valuable and prestigious without commensurate upticks in return on investment.

That’s why I give a huge thumbs-up to Seth Godin’s recent rant.