Cost Benefit Analysis of College

Interesting analysis.

Of course, this approach ignores a vital aspect of college life — the incalculable value of knowledge for its own sake. Thankfully, there will always be a market for people who want to read Shakespeare, to reflect with Burke on the revolution in France, or to deconstruct fast-food commercials for evidence of patriarchy and hegemony (every culture needs its thinkers and critics), but this market by itself could never sustain our vast higher-education infrastructure. That infrastructure sustains itself largely by promising to be a gateway to a better economic life. Yet I’m not convinced that the bachelor’s degree, by itself, has much marginal value compared to the underlying work habits and character of the individual.

I've always believed in the intrinsic value of being educated and striving to be the best in your field - which requires education. The issue of cost is dubious - especially when it comes to grad school and film school in particular.