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...may be close to maxing out on the first strategy. Our high college drop-out rate - 40% of kids who enroll in college don't get a degree within six years - may be a sign that we're trying to push too many people who aren't suited for college to enroll. It has been estimated that, in 2007, most people in their 20s who had college degrees were not in jobs that required them: another sign that we are pushing kids into college who will not get much out of it but debt...

Author: /time Magazine | Title: The Case Against College Education | 2/24/2010 | See Source »

...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...

Author: /time Magazine | Title: The Case Against College Education | 2/24/2010 | See Source »

...degrees to be considered for good jobs in hotel management or accounting - or journalism. It is inefficient, both because it wastes a lot of money and because it locks people who would have done good work out of some jobs. The tight connection between college degrees and economic success may be a nearly unquestioned part of our social order. Future generations may look back and shudder at the cruelty...

Author: /time Magazine | Title: The Case Against College Education | 2/24/2010 | See Source »

...Congress may 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...

Author: /time Magazine | Title: Congress Puts Toyota (and Toyoda) in the Hot Seat | 2/24/2010 | See Source »

...mollify his detractors with a heavy dose of contrition. "Toyota has, for the past few years, been expanding its business rapidly," Toyoda said in a prepared statement that he is expected to read at Wednesday's hearing. "Quite frankly, I fear the pace at which we have grown may have been too quick." He also said the company would give greater weight to customer complaints, mandate that managers drive the company's cars and improve communication between the company's international branches. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Congress Puts Toyota (and Toyoda) in the Hot Seat | 2/24/2010 | See Source »

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