This is utter hooey.
Imagine the typical “Son Of Barry”, a high school dropout, gang member, repeat offender. His value to society is about the -$2,000,000 it will cost to try and incarcerate him for 20 years.
However, send this SOB to Princeton, to sit at the foot of the great Marxist lunatic Cornel West, who will give him a BA for just sitting there, or a Masters degree if he can spout dialectic back at him more or less accurately.
His value to society will have skyrocketed. Hired by the federal Department of Wasteful Spending, he will creatively cost the public purse BILLIONS of dollars, squandered on the most pathetic and aggravating schemes imaginable.
He will never have any real power, but will be like a drunken monkey pounding on a typewriter, with a hundred dollars a character for each character he types, gleefully shoveled into an incinerator.
A few years ago while riding with my wildly over educated brother in law he punctured a tire. He was ready to call a wrecker and a rental service for a car.
He was shocked that I could put the doughnut (I hate those things) on the car and directed him to a garage to fix the tire. He was going to spend an easy $300 but I fixed him up for about $9.
Yup, them edumacated people shore is smart.