The great American recession … 2 Available to Purchase

American educators have plenty to worry them in the higher and further education sector. Discussions with administrators and student personnel workers have highlighted a number of topics which have relevance to us in this country. Many young people are asking for their higher education to be more vocationally relevant; so they are questioning the desirability of spending four years in a Liberal Arts College studying subjects which have no bearing upon ultimate careers. There has been over‐production of PhDs in certain subjects, and the economic argument for higher education is much less powerful nowadays than it was a decade ago when young people could be persuaded to aspire to a College education because it would pay off over a lifetime's employment.