Word: evener
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...Even in these days of partisan rancor, there is a bipartisan consensus on the high value of postsecondary education. That more people should go to college is usually taken as a given. In his State of the Union address last month, President Obama echoed the words of countless high school guidance counselors around the country: "In this economy, a high school diploma no longer guarantees a good job." Virginia Governor Bob McDonnell, who gave the Republican response, concurred: "All Americans agree that a young person needs a world-class education to compete in the global economy...
...putting more people in college are also oversold. Part of the college wage premium is an illusion. People who go to college are, on average, smarter than people who don't. In an economy that increasingly rewards intelligence, you'd expect college grads to pull ahead of the pack even if their diplomas signified nothing but their smarts. College must make many students more productive workers. But at least some of the apparent value of a college degree, and maybe a lot of it, reflects the fact that employers can use it as a rough measure of job applicants' intelligence...
...talk about college this way may sound élitist. It may even sound philistine, since the purpose of a liberal-arts education is to produce well-rounded citizens rather than productive workers. But perhaps it is more foolishly élitist to think that going to school until age 22 is necessary to being well-rounded, or to tell millions of kids that their future depends on performing a task that only a minority of them can actually accomplish...
...well have trouble passing ambitious legislation these days, but they remain masters at summoning indignation. As a piece of political theater, the House Energy and Commerce Committee hearing on Tuesday into Toyota's troubles had everything you could hope for: testy exchanges, Clintonian hairsplitting, obnoxious grandstanding, tearful testimony and even multiple references to Marisa Tomei's automotive wizardry in My Cousin Vinny. But the spectacle failed to untangle the knottiest question looming over the proceedings: whether Toyota has definitively pinpointed the problem causing its cars to accelerate out of control...
...military is now spending more on defense, on average, than it did during the Cold War - even after the costs of the wars in Afghanistan and Iraq are erased. (See pictures of Defense Secretary Robert Gates...