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What Is College Worth?

We like to imagine college as an egalitarian force, which reduces the gap between rich and poor. But over the past four decades it has mostly served to reinforce or even to widen that gap. During these years—and for the first time in American history—a college degree became the sine qua non of middle-class stability and self-sufficiency. Yet rising tuition and declining government assistance has put the degree out of reach for many Americans.

The New York Review of Books

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