For at least a century, attaining a college degree was part of the American dream. For those select few—a proportion that has grown higher as time has gone on—earning a four-year degree has meant a potential jump into a higher socioeconomic class, thanks largely to a dramatic wage differential between those who attain a four-year degree or more and those who earn a high-school degree alone.
Beyond the Credential Factory: Why Higher Education Must Shift from Management to Flourishing
For decades, higher education leadership has obsessed over “student success” as a purely operational metric. We track retention and graduation rates and postgraduation outcomes with the same linear precision that
Yoshitaka Iwasaki
August 3, 2026
