Alex Tabarrok Quotes


The obsessive focus on a college degree has served neither taxpayers nor students well. Only 35 percent of students starting a four-year degree program will graduate within four years, and less than 60 percent will graduate within six years. Students who haven't graduated within six years probably never will.


Citations

Tabarrok, Alex. Launching the Innovation Renaissance: A New Path to Bring Smart Ideas to Market Fast. TED Books, 2011.

Related Quotes

The latter years of the 20th century saw a large increase in the number of proprietary, profit making colleges and other institutions of higher education. These were able to utilize the Federal student loan programs. However, many were fraudulent rip-offs. Most were unaccredited. The average proprietary school obtained more federal student loan money per student than non-profit schools {639817}, and did not train their students as well. A smaller percentage of their students get their degrees and find jobs. When they do obtain employment they make less money. Congressional pressure, induced by heavy lobbying, stopped Department of Education efforts to make schools with poor graduation or employment rates ineligible for use of Student Loan Programs.


Alex Tabarrok
Alex Tabarrok
  • Born: November 11, 1966
  • Nationality: Canadian, American
  • Profession: Economist

Alexander Taghi Tabarrok is a Canadian-American economist. With Tyler Cowen, he co-authors the economics blog Marginal Revolution. Tabarrok and Cowen have also ventured into online education with Marginal Revolution University.