What is college for?

by Tyler Cowen June 11, 2012 at 4:45 pm in

Education

Here is an excellent post by Noah Smith, excerpt:

There are three extremely important forms of human capital that you can’t acquire on the job:

1) Motivation,

2) Perspective, and

3) Human networks.

These, I believe, are the types of capital that college is designed to build, both in Japan and in the United States.

Read the whole thing.