by Peter Cappelli ‧ RELEASE DATE: June 9, 2015
Salient reading for students, parents, and educators on navigating toward a coveted college degree.
A workforce and education expert weighs the perks and pitfalls of higher education.
Cappelli (Management/Wharton School; Why Good People Can’t Get Jobs: The Skills Gap and What Companies Can Do About It, 2012, etc.) astutely examines the enduring relevance of a college degree despite problematic funding and postgraduate employment issues. In dense chapters full of illuminating statistical and survey data, the author reports on the affordability and effectiveness of a college degree, directing his assessment to benefit future students and their families. As he notes, astronomical tuitions figure greatly into the equation, as American college costs run about four times higher than in other countries, making the decision to attend a postsecondary school an increasingly risky one. Cappelli also examines the variation in degreed students who fail to achieve success in the postgraduate employment marketplace and those who become overwhelmed by the financial burden. The factors affecting these trends are in constant flux, writes the author, and vary from the labor market requiring functional job skills to the student dropout rate and the education-to-career paths that have evolved as rapidly as their corresponding business models and sophisticated hiring processes. Cappelli’s eye-opening report card on the current state of American education gives mounting tuitions a failing grade, though enrollment and retention numbers are promising. The author’s drilled-down conclusions suggest that students are matriculating at the same level today as they did years ago, but the expense alone has thrown many families into the depths of student loan debt or default. Whether or not investing in college is worth the risk is a major decision about which families and children need to educate themselves. “College is still accepted as necessary for advancement but also increasingly expensive,” writes the author, “and increasingly risky in terms of the likely career payoffs.”
Salient reading for students, parents, and educators on navigating toward a coveted college degree.Pub Date: June 9, 2015
ISBN: 978-1-61039-526-7
Page Count: 224
Publisher: PublicAffairs
Review Posted Online: March 31, 2015
Kirkus Reviews Issue: April 15, 2015
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by Michael Useem & Harbir Singh & Neng Liang & Peter Cappelli
by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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SEEN & HEARD
by Thomas Sowell ‧ RELEASE DATE: Jan. 4, 1993
American schools at every level, from kindergarten to postgraduate programs, have substituted ideological indoctrination for education, charges conservative think-tanker Sowell (Senior Fellow/Hoover Institution; Preferential Polices, 1990, etc.) in this aggressive attack on the contemporary educational establishment. Sowell's quarrel with "values clarification" programs (like sex education, death-sensitizing, and antiwar "brainwashing") isn't that he disagrees with their positions but, rather, that they divert time and resources from the kind of training in intellectual analysis that makes students capable of reasoning for themselves. Contending that the values clarification programs inspired by his archvillain, psychotherapist Carl Rogers, actually inculcate values confusion, Sowell argues that the universal demand for relevance and sensitivity to the whole student has led public schools to abdicate their responsibility to such educational ideals as experience and maturity. On the subject of higher education, Sowell moves to more familiar ground, ascribing the declining quality of classroom instruction to the insatiable appetite of tangentially related research budgets and bloated athletic programs (to which an entire chapter, largely irrelevant to the book's broader argument, is devoted). The evidence offered for these propositions isn't likely to change many minds, since it's so inveterately anecdotal (for example, a call for more stringent curriculum requirements is bolstered by the news that Brooke Shields graduated from Princeton without taking any courses in economics, math, biology, chemistry, history, sociology, or government) and injudiciously applied (Sowell's dismissal of student evaluations as responsible data in judging a professor's classroom performance immediately follows his use of comments from student evaluations to document the general inadequacy of college teaching). All in all, the details of Sowell's indictment—that not only can't Johnny think, but "Johnny doesn't know what thinking is"—are more entertaining than persuasive or new.
Pub Date: Jan. 4, 1993
ISBN: 0-02-930330-3
Page Count: 400
Publisher: Free Press
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Nov. 1, 1992
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