Freakonomics Radio : December 2012
Wednesday, December 12, 2012
Wednesday, December 05, 2012
Dates and times for this program: Wednesdays: 8pm on 93.9FM; Saturdays: 6am on 93.9FM and NJPR, 2pm on AM820 and 4pm on 93.9FM; Sundays: 8pm on AM820 and NJPR
Is a college diploma really worth the paper it’s printed on? In this episode of Freakonomics Radio, Stephen Dubner breaks down the costs and benefits of going to college, especially during an economy that’s leaving a lot of people un- and underemployed. The data say that college graduates make a lot more money in the long run and enjoy a host of other benefits as well. But does that justify the time and money? We’ll hear from economists David Card, Betsey Stevenson, and Justin Wolfers, as well as former Bush advisor Karl Rove, who made it to the White House without a college degree. Amherst College president Biddy Martin describes what an education provides beyond facts and figures, while Steve Levitt wonders if the students he teaches at the University of Chicago are actually learning anything. Finally, a former FBI agent tells us about the very robust market for fake diplomas.