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Are College Degrees a Waste of Money?

Are College Degrees a Waste of Money?

Listen to this 'Talk of the Nation' topic

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Author and career coach Marty Nemko argues that when kids are not adequately prepared for college, they are simply wasting their time and money on four years of college-level course work. "College is a wise choice for far fewer people than are currently encouraged to consider it," he writes in his article, America's Most Overrated Product: the Bachelor's Degree.

The majority of students entering college today are unprepared, Nemko explains, "When you hop into a cab or walk into a restaurant, you're likely to meet workers who spent years and their family's life savings on college, only to end up with a job they could have done as a high-school dropout."

Nemko's article appears this month in The Chronicle of Higher Education.