Anthony P. Carnevale and Jamie Merisotis don't buy all the handwringing suggesting that college credentials aren't a ticket to a better life anymore. Carnevale is director of Georgetown University's Center on Education and the Workforce, and Merisotis is president of the Lumina Foundation. As documented in "The College Advantage," a new report that Carnevale co-wrote and Merisotis' Lumina Foundation funded, those with a four-year college degree have undoubtedly been affected by the current recession, but their rates of unemployment (and underemployment) are far lower than the rates for those without a diploma. But that doesn't mean that Carnevale and Merisotis believe that the higher education system is doing its job for the economy or for society.
http://www.insidehighered.com/news/2012/08/16/podcast-discussion-value-college-degree
