Via Insty, I discovered this long blog post at “Musings from the hinterland” on the education bubble. It mostly, together with two earlier posts here and here, addresses the wrong-headed policy of pushing everybody to get a college degree — regardless of interest or aptitude — and the consequences, such as “diploma inflation” and crippling student debts on the part of college dropouts admitted at schools that were beyond their intellectual means in the first place.
Interesting discussion in the comments, especially at the first post.
Spin, strangeness, and charm 