skepticism over the value of a degree? my next guest is a higher education editor, john marcus joins me now. hey, john, if college enrollment is in such steep decline, is it necessarily a bad thing? well, not everybody has to go to college. but, the empirical implications of this on going and continuing decline are that, as you point out, people without a university degree are more likely to lose their jobs in an economic downturn. they make less money over the course of that you are lives. that means they pay less in taxes, require more in social services. that s a drag on the economy. there are also knowledge industries that fuel the american economy that require bachelors degree, educated students. even before the pandemic, there was a shortage of 9 million workers with bachelors degrees. so this is only getting worse. so, if they re not going to college, the 4 million, and the data that you ve written about
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