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From the ChalkFace recently reported on a student that received a £62,000 pay out from a university that she alleges sold her a “Mickey Mouse” degree, so this is an interesting follow-up. The Bill and Melinda Gates Foundation is launching a new higher education initiative to answer the question "Is college worth it?"
The foundation has convened a 30-person commission to evaluate the returns of education after high school. The three-pronged goal of the commission is to develop a definition of the value of college, create a way to measure how individual colleges and universities create value for students – including where major gaps exist by race, ethnicity, income and gender – and create a set of recommendations for policymakers, politicians and higher education officials.