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Passing a college course no more indicates a human capital
gain than just going to a gym indicates an improvement in
physical fitness.

To get through college, many students don’t have to become
better at reading, at writing, at math, at logic. Sadly, the
key consideration at many colleges is not educational
excellence or even modest progress, but simply enrolling and
collecting tuition from as many students as possible.
Therefore, course content has been watered down and
expectations lowered so that even the weakest and most
disengaged students can pass. As Steve Balch, founder of the
National Association of Scholars says, “We don’t so much
have higher education these days, as longer education.”  

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