English: Laura Tyson (Photo credit: Wikipedia)

This an excellent and HIGHLY RECOMMENDED article by Laura D’Andrea Tyson, published in the Economix column of the NYT. Check it out!

via Dr Alf’s Two Cents: Getting More Bang for the Buck in Higher Education – NYTimes.com.

It was interesting to read that in austerity torn US, investment in college education was still very much in both the individual and the country’s best interests.

As I was reading the article, I was thinking about the generalization of the article’s conclusions to other countries, especially those savaged by excessive austerity, like Greece, Spain, Italy, the UK etc.

This led me to an interesting open question.

Should the troika of the EC, the IMF and the ECB combine to create new low cost finance for university education?

Any thoughts?

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