Dream Factories: Why Universities Won't Solve the Youth Jobs Crisis

Two professors look at the mystique around universities and the consequences of “credentialism.”

For decades, we have promoted the idea that a university degree is a passport to future career success. Ken Coates and Bill Morrison argue that the over-promotion of higher education and university degrees is actually undermining the lives of young people, saddling them with enormous debts, and costing governments huge amounts of money.

As the young flock to universities in ever-increasing numbe...