The Value of a College Education

Sunday, June 16, 2019
First Aired:
Sunday, January 22, 2017

What Is It

With 43.3 million Americans burdened with a total of $1.3 trillion in student loan debt, high school students thinking about attending college are faced with a daunting decision. Should they risk joining the ranks of the indebted in order to get a college degree? The answer depends on the value of a college education. Are college graduates happier, or better prepared for life? Is it the government’s job to ensure that investing in college is worth it for students? Should public colleges be free? Or would that decrease their value? And would studying philosophy increase or decrease the value of a college education? John and Ken get collegial with former Stanford president John Hennessy, in a program recorded live at De Anza High School in Richmond, California.

Listening Notes

When people think of the value of a college education, they tend to think of it in monetary terms. But Ken doesn’t think that measuring the economic value of a college education is the best way to go. College is about so much more than the size of your future paycheck. For example, the major you choose may actually end up having little bearing on what you actually end up doing, so you should just pick your passion and follow it. Even if parents are concerned about employability – some with reason – there comes a time when you have to listen to your own intuition and voice. And if you choose to go with Philosophy, you’ll actually be among the majors with higher employment rates! Who would’ve guessed? John and Ken further discuss how the liberal arts prepare you for life and the utter pointlessness of college ratings.

John and Ken welcome guest John Hennessy, former Stanford University President. John asks this special guest why he decided to drop a successful career in Silicon Valley – John Hennessy is, after all, not called the Godfather of Silicon Valley for nothing – and return to academia. John explains that he came back because he really loved working with students and teaching in the classroom. John follows up: there’s a lot of pressure for students to go to college, although only about a third of Americans hold a 4-year college degree. So should everyone go to college? Some sort of education beyond high school, John Hennessy believes, is crucial in terms of creating opportunity and live a really fulfilling life. That’s not to say everyone should go to an elite institution – for some students, community college is just right; for others, it’s a four-year program. The most important thing isn’t starting college but completing it. Ken asks about the college rating system and hyper-focus on competitive admissions, to which John replies that an undergraduate degree is a foundation, it’s the beginning. It’s the start, rather than the end, of your education.

So the student gets into their dream college. Then comes the truly hard part: the freedom that a college education offers. The amount of choice, the variety, the different fields of study. And, as Ken says, freedom can be hard to navigate! He asks John to give students advice on how to embark on this journey. John says that it’s all about following your passion, and there’s two reasons for that: you should enjoy what you’re learning about, and whatever you study is likely to lead to some kind of career direction. The last thing you want to do is spend your life working on something that doesn’t interest you. So dabble – try different courses, stretch your wings. In the U.S., you have room to experiment. That said, a college education is a big investment of time and money, so you can’t completely put aside your career concerns. You have to strike for a balance between the two.

观众提出了三个受欢迎的问题,他们继续讨论,解决的问题包括:大学是为那些已经找到自己激情的人保留的地方吗?或者那些尚未决定专业的人可以去探索吗?大学通常在学生身上寻找什么?你所在的地区是否会影响你的申请被如何看待?性别和种族在大学录取中扮演什么角色?

  • Roving Philosophical Reporter (Seek to 7:29):Philosophy Talk's Reporter Shuka Kalantari investigates the billion-dollar private college consulting industry, which feeds into the fears of high school students and their worried parents. She talks to Richard Shaw, Dean of Admissions and Financial Aid at Stanford University, and to Nicole Hoseman, a college admissions consultant, about how important it is to pick a school that’s right for you.
  • 60-Second Philosopher (Seek to 46:12):Ian Shoales talks about the hard life of rockstars in 2017 and how you practically need a college education to be a rockstar nowadays.

Transcript

Comments(3)


Harold G. Neuman's picture

Harold G. Neuman

Tuesday, May 28, 2019 -- 12:39 PM

If one truly knows what he

If one truly knows what he/she wishes to do in life, then an area in which one majors, be that law; medicine; engineering; physics or what-have-you, is crucial. Courses of study leading to a bachelor's degree are a foundation, but not necessarily any more than that, and before amassing thousands of dollars in student debt, it behooves any young scholar to have some concrete plan-of-action. I did not have a successful life, in today's terms. In retirement, I live by my wits as much as I did in the late 1960s and 1970s. My plan-of-action got derailed by a war in which I refused to participate. I was never able (nor truly willing) to get the train back on track. Getting an education needs to be pursued with the same determination and single-mindedness as running a business. I guess career counselors are supposed to have some skills in this regard. But, I would not know this as fact. Never had a career counselor. Training my mind to think has been my life-long vocation. Getting there. Finally.

Harold G. Neuman's picture

Harold G. Neuman

Saturday, June 15, 2019 -- 11:32 AM

...The cynical pragmatist

...The cynical pragmatist might say: A college education is worth it, and only worth it, when it has been paid off. But, if one is already forty-five or fifty years old by such time, we can little berate him for any regrets which have surfaced.

robertcrosman@gmail.com's picture

robertcrosman@g...

Tuesday, August 13, 2019 -- 12:32 PM

I can't imagine myself

我无法想象自己没有接受过大学教育,也无法想象自己没有随后获得的英国文学研究生学位。我的一位伟大的教授会告诉他的人文调查课(当时是哥伦比亚大学大一新生的必修课——在六十年代,以及之前的几十年),他们上大学是为了创造自我,而不是约翰·佩里(John Perry)更熟悉的陈词滥调——他们是在寻找自我。我认为可能两者都是正确的,但它们指向相反的方向——向内心深处看,而不是向外部看。对这些明显矛盾的观点的真实性进行辩论可能是有用的,但他们确实同意,一个人上大学是为了发展“自我”,而不是为某些工作或职业做准备,如果学生能负担得起,这些工作或职业可以推迟到研究生或专业学校,或通过在职培训和经验更有用——在一个人发现或创造自己之后。

This is why my strongest reaction to the program was shock that a recent and revered former president of Stanford is a COMPUTER SCIENTIST, who majored in college as an ENGINEER. Although affable and obviously intelligent, his education apparently consisted of looking deep within and finding a love of a trending technology, and then making himself into a specialist in a field so narrow that people working in it are obsolete after ten years, and then either become managers or unemployable derelicts. The latter happened to two cousins of mine, one (with a Masters in Computer Science) of whom is unemployed and supported by his social worker wife, and the other who owned a liquor store for a while, and is now retired on social security. Both are discouraged and bitter, as I would be in their shoes.

一个人在大学里夜以继日地坐在计算机实验室里“发现了自己”,然后继续深入学习计算机,最后教授计算机,他对人类广泛的知识和探索有什么欣赏之处,而这是一所伟大的,甚至是一所普通的大学的研究对象?

I can only infer that this ex-president of Stanford was really good at raising money, and had good people skills as well. His discussion today of how Stanford admits students reflected an eye totally uncritical of the current selection process, and also of the way college students are currently educated, with a strong emphasis on success, and finding a profession suited to their talents. These are no doubt goals that Stanford is very good at achieving, but their student cohort is such that most of them would do as well, or better, if they were to graduate from any other accredited college or university. The real value of a Stanford education to most graduates is the name "Stanford" on their resumes, as well as, perhaps, the network of connections they may have made while there.