Is ROI the Right Way to Judge a College Education?

Scott Carlson Steve | April 22, 2013 | The Chronicle of Higher Education

Just listen to Dimitrius Graham sing. His voice soars up and down the scale like a bird carried on the wind. As a music major at Morgan State University, he seems keenly aware of certain realities about his life: His talent is undeniable and probably innate, and his future is promising but uncertain. He could make a career singing on Broadway or climbing the charts as a Billboard phenomenon. Or he could spend years singing for church groups and community theaters, for little or no money.Because he went to college already able to sing, and because a career in singing is something of a financial crapshoot, one has to ask: Is he wasting his time and money, getting a degree in something that might not pay off? Mr. Graham, sitting in a campus food court with a group of friends, is quick with an answer.”I cant not go to college,” he says flatly. He just had a long conversation with a friend who was drifting at Morgan State, a historically black institution, and who was considering dropping out. He tried to dissuade his friend, saying that would lead to an unsteady retail job at best. “By the time you have worked there for a while, I will be done and will have a more secure job,” he told his friend. For Mr. ­Graham, it was all about the job, the opportunities, the doors that would open with a parchment embossed in gothic lettering.

via Is ROI the Right Way to Judge a College Education? – Administration – The Chronicle of Higher Education.

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