Are College Degrees a Waste of Money?

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.

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