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September 30, 2004

Jay Mathews means really, really well, but this isn't going to work either: "How to Measure What You Learned in College."

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Seth

That's interesting. I've always felt that I learned two things in college: how to write, and how to think critically. And that those were the two things one should learn in college (at least in a small, Northeastern, liberal arts college).

For what it's worth, I learned four equally important things in business school: time value of money, sunk costs are sunk, markets are efficient, and there's a trade-off between risk and return.

Those six things have served me well over the years, and were (probably) worth the money my parents spent on my education.

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