WorldNetDaily’s utter disdain for book-learnin’ continues in a May 13 column by Vox Day, who follows the WND script in claiming that a college education does not provide an adequate return on investment. His weird little twist on the argument is that it’s not a physical asset:
However, the main reason one cannot consider the cost of a college degree to be an investment is because a degree is not transferable and holds no intrinsic value. Unlike stocks, bonds, housing or even art, the owner of a degree cannot sell it. It is no more an investment than an airplane ticket or a bus token. There are, to be sure, many jobs in government and corporate America that require college degrees, but it makes no sense to argue for the intrinsic value of college degrees on the basis of artificial requirements that only have the potential to limit one’s future income.
None of this should be taken to mean that college educations are totally worthless or that it makes no sense for anyone to pursue a college degree. What it does mean, however, is that no prospective college student or parent can blithely accept the results of the return-on-investment studies and expect them to have any meaningful application to any individual situation. Every college decision must stand or fall on its own unique financial merits, and, in many cases, a careful review will demonstrate that taking out a student loan and paying large sums of money in return for a 60 percent chance of obtaining college degree does not make financial sense.
Day, of course, has a college degree, from the (presumably) pricey private liberal arts school Bucknell. He offers no opinion on the intrinsic value of his own degree.