- Graduating from college, any college, does mean something because many of the people who try can't hack it.
- Big state schools seem to be "of the people" while elite private schools are, well, elite. But they are not so different. Elite private schools have low admission rates but also near-zero dropout rates. Big public schools have high admission rates but also dropout rates in the 40-60% range. They just apply their filters at different parts of the funnel.
- The way to a more educated population is probably not to expand college access. Already, far more people access college than can complete it. More interesting questions are about how we best serve the people at risk of dropping out. The answer might be to make state schools more selective, not less, so that we aren't wasting people's time (and money!) with programs they'll never complete.