Book · 1976 · Education
The Overeducated American
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And ironically, a very well-known labor economist, a friend of mine, Richard Freeman, wrote a book in the late 70s called The Over-Educated American. In which he argued that trends were suggesting that too many people were going to college.
Stephen Dubner · Freakonomics Radio · Oct 2013 The best things said about it
The low point was about 1975 to 80, actually when I graduated college. And ironically, a very well-known labor economist, a friend of mine, Richard Freeman, wrote a book in the late 70s called The Overeducated American. In which he argued that trends were suggesting that too many people were going to college.
Why people recommend it
The Overeducated American by Richard Barry Freeman is an influential economic study examining labor market trends and higher education enrollment. On Freakonomics Radio in episodes such as 86, Freakonomics Goes to College, Part 1, and its 2013 rebroadcast, David Card and Stephen Dubner discussed the work. David Card, reflecting on the low point for college economic returns between 1975 and 1980 when he graduated, brought up Richard Freeman as a well-known labor economist and personal friend. Stephen Dubner also referenced the book during conversations exploring how the economic return to college has shifted over time. Freeman argued through his late 1970s research that prevailing trends indicated an oversupply of college-educated individuals entering the workforce. Both speakers used the title to contextualize historical changes in the value of a degree, illustrating how early labor market predictions align or contrast with contemporary educational outcomes and economic realities. The text remains a notable touchstone for analysts evaluating the long-term relationship between university enrollment surges and subsequent graduate employment prospects across changing economic landscapes in the United States over recent decades.
Every mention
David Card The low point was about 1975 to 80, actually when I graduated college. And ironically, a very well-known la… 1
“The low point was about 1975 to 80, actually when I graduated college. And ironically, a very well-known labor economist, a friend of mine, Richard Freeman, wrote a book in the late 70s called The Overeducated American. In which he argued that trends were suggesting that too many people were going to college.”
Stephen Dubner And ironically, a very well-known labor economist, a friend of mine, Richard Freeman, wrote a book in the l… 1
“And ironically, a very well-known labor economist, a friend of mine, Richard Freeman, wrote a book in the late 70s called The Over-Educated American. In which he argued that trends were suggesting that too many people were going to college.”