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Comment received from Prof. Larry Leslie:

One could summarize your essay by emphasizing that conceptually there there are two goals of higher education: investment and consumption. The former gets most of the attention these days; however, the latter is at least as important and is worthy of more emphasis under present conditions. You summarize what is happening in both dimensions and give encouragement to the idea that there is more to attending post-secondary institutions than financial gain. Well done.

Larry L. Leslie
Professor Emeritus, University of Arizona, USA
Distinguished Visiting Professor and Senior Research Associate, University of Georgia, USA