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Comment on Dan Ariely: At $61K a Year, College Is a Bargain

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The important question is not if the real live college experience is much more valuable than an online course (it is), or if a college graduate income over their lifetime is higher than a non-grad (it is).

Pretending that college-grad income levels compared to non-grads is a meaningful measurement (obviously a number of factors goes into ones income, most of them psychological) - over the last 20 years - what has happened to the ratio of college expense to increased income over a lifetime. That trend line is one important measure of opportunity. So in this regard the student of 20 years ago was better off.

The costs have skyrocketed in the US in a truly immoral way. Combine that with the current practice of mortgaging your entire future with ridiculous loan amounts, it is an absolute disgrace.

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