Bachelor’s Degrees Aren’t Cool Anymore

In a new research brief, The Pell Institute for the Study of Opportunity in Education found that only 44 percent of American high school students expected to earn a bachelor’s degree in 2022, down from 72 percent in 2002. The study also revealed a parental gap among high school students, with only 33 percent of first-generation students aspiring to a bachelor’s degree in 2022, compared to 60 percent two decades earlier. What are Americans, particularly those concerned about the state of higher education, to make of these findings? Are they just one of many societal indicators of an “empire in...