NAICU - How Art History Majors Power the U.S. Economy

New College Affordability Measures

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How Art History Majors Power the U.S. Economy

Bloomberg Views - Column

January 5, 2012

In a recent column for Real Clear Markets, Bill Frezza of the Competitive Enterprise Institute lauded the Chinese government's policy of cutting financing for any educational program for which 60 percent of graduates can't find work within two years. His assumption is that, because of government education subsidies, the U.S. is full of liberal-arts programs that couldn't meet that test. There are many problems with this simplistic prescription, but the most basic is that it ignores what American college students actually study.

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