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Witmer, David R. – New Directions for Education and Work, 1978
Negative hypotheses that universal education will lead to unqualified students, oversupply of graduates, unemployment of graduates, lower earnings for graduates, and declining personal and social benefits of investing in higher education are rebuffed. The case is made that social returns on investments in higher education continue to be high.…
Descriptors: Academic Standards, Access to Education, College Graduates, Cost Effectiveness