The theory is nice, but I have met my share of young (under)grads who have notf ound the job market very kind to their educational achievements. One woman I talked to at a major western Canadian university said all her friends with PoliSci degrees work in clothing retail. If they earn more money, it is they have worked up to a managerial level. As one fellow said to me a few years ago, since a Bachelor's degree seems to be the minimum requirement to get a job, it should be free.