> a 4-year degree still yields a higher ROI than just a high school diploma in lifetime earnings.
How can that be given that incomes have held stagnant through the rise of post-secondary attainment? In reality, a person in a given place on the spectrum seems to earn the same regardless of whether or not they have a degree.
Perhaps you are mistakenly comparing people situated in different places on the spectrum, noticing that colleges reject/fail those who don't meet a certain "calibre"? Indeed, I think we intuitively understand that the kid with down syndrome, or some such condition, is, statistically, not going to make it in college and is also going to have limited earning potential once joining the working world, but there is little evidence to support that handing them a college degree provides a cure.
How can that be given that incomes have held stagnant through the rise of post-secondary attainment? In reality, a person in a given place on the spectrum seems to earn the same regardless of whether or not they have a degree.
Perhaps you are mistakenly comparing people situated in different places on the spectrum, noticing that colleges reject/fail those who don't meet a certain "calibre"? Indeed, I think we intuitively understand that the kid with down syndrome, or some such condition, is, statistically, not going to make it in college and is also going to have limited earning potential once joining the working world, but there is little evidence to support that handing them a college degree provides a cure.