That has been considered seriously, including by some conservative economists. I guess I’m pretty stupid. I can’t figure a way it could work.
It works if the best and the brightest go to college and the rest don’t.
It’ll never work. But that’s what we’re competing with overseas. Again, no way to do it in the U.S., just a disadvatnage we have to deal with. Luckily, service jobs don’t require all that much higher education.