Jean-Marc Mangin Executive Director, Federation for the Humanities and Social Sciences
With the excitement, anticipation and promise of a new academic year inevitably come questions about the long-term value of a degree.
Recently, Benjamin Tal and Emanuella Enenajor at CIBC World Markets attempted to quantify the long-term economic value of post-secondary education, concluding that “Canada is experiencing an excess supply of post-secondary graduates,” and that students are making unprofitable decisions by choosing in vast numbers to study in the humanities and social sciences.
A discussion on the value of education is always welcome. Taking Tal and Enenajor’s numbers at face value, their conclusions are very much open to debate and, I will argue, not based on their own evidence.
But before entering into the discussion at all, let’s...