ABC's 20/20 Says College is a Ripoff

I was flipping through the television channels last week and landed on the ABC show 20/20. Before I could continue my ritualistic channel surfing, I heard the phrase "college is a ripoff." This certainly caught my attention and I watched the story by John Stossel. His reports are usually provocative and this one was no exception. This report raises many questions and issues that are directly relevant to the future of higher education in terms of its role in providing students a liberal arts education and/or providing them the skills they need to directly enter the job market. It is no secret that our own institution is trying to increase enrollment and this report might make some high school students think twice about obtaining a college degree. If we feel that this report is misleading, how do we do a better job promoting the value of a college degree? What role should faculty and staff play in this process?

I invite you to view John Stossel's story on YouTube (or watch it above) and click COMMENT at the end of this post to give us your thoughts or reaction to any of the issues raised in this report.