A very fine rant indeed, on education, by Derbyshire. (h/t, Never Yet Melted). It's about all of the education scams in the US. Just one quote:
Towering over all these lesser scams is the college racket, a vast money-swollen credentialing machine for lower-middle-class worker bees. American parents are now all resigned to the fact that they must beggar themselves to purchase college diplomas for their offspring, so that said offspring can get low-paid outsource-able office jobs, instead of having to descend to high-paid, un-outsource-able work like plumbing, carpentry, or electrical installation. ..
OK, one more:
Professionals have their own credentialing systems: You may have graduated law school, but you’ll still have to pass the bar exam, and so on. Then why make aspiring lawyers go to law school? Presumably for the same reason we insist on cube jockeys having bachelor’s degrees from accredited four-year colleges. Why not let them study up at home from Teaching Company DVDs, then sit for a state-refereed common exam when they feel they’re ready? Why not let lawyers learn on the job from books and as articled clerks, the way they used to? I don’t know. College-going is just an irrational thing we do, the way upper-class German men used to acquire dueling scars, the way women in imperial China had their feet bound. Griggs vs. Duke Power probably has something to do with it. Since, following that decision, employers are not permitted to test job applicants to see how intelligent they are, the employers seek a college degree as a proxy for intelligence.)
Read it all. You'll feel better if you do. Griggs vs. Duke Power? Interesting case, in which it was decided that intelligence is racially discriminatory. Huh? That sounds like a deeply racist finding, does it not?