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NPV of Higher Ed?

Having attended both Duke and Carolina, this one struck me:

Now the next question is: Will consumers become more sophisticated too? Tuition, room, and board at the University of North Carolina in Chapel Hill cost about half what they cost at nearby Duke. Is a Duke education really twice as valuable as one from UNC?

Yet economic benefits are not the sole measurement of value. Intellectually, spiritually, and morally, American higher education is in crisis, with the worst damage manifested at the most expensive institutions. At Duke, racial politics whooped up a faculty lynch mob against student lacrosse players who were falsely accused of rape. It’s often at the costliest universities that students are able to graduate with a degree in English without ever having read Shakespeare, a degree in history despite ignorance of the Civil War, or one in art history without ever having encountered the Renaissance.

Read it all.

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