"What criteria put it there? The compiler, Ben Miller, a former senior policy advisor in the Department of Education, explained in the Washington Monthly that they were looking for colleges that ‘charge students large amounts of money to receive an education so terrible that most drop out before graduation.’
"The thing is, in the hours after the rankings were published in October, something unexpected happened. Whilst almost nobody stepped forward in defense of the other colleges on the list, Shimer fans began vociferously attacking its inclusion.
"One comment I read was especially intriguing: ‘I’m unemployable, maybe, and debt-ridden, but it was worth it.’ I flew to Chicago. ..."
Maybe CEDers Had It Right
10 minutes ago