It's entirely possible for Caplan to be correct about his material analysis, and that still not be the right conclusion.
If the government doesn't subsidise education, then anything that doesn't promise a return is financially debilitating. Personal choice can't exist when your ability to eat and pay rent rely upon you making a specific decision.
If you don't believe that humanities education has any kind of broader social value, then that's a whole other argument to make.
If the government doesn't subsidise education, then anything that doesn't promise a return is financially debilitating. Personal choice can't exist when your ability to eat and pay rent rely upon you making a specific decision.
If you don't believe that humanities education has any kind of broader social value, then that's a whole other argument to make.