Another Look at Maine Maritime: Who is Providing Value, to Whom, and How?
by James Fallows
In response to our series of posts about Maine Maritime Academy, we heard from a reader who pushes back on the notion that the merchant-marine academies provide very high career-earnings value to their students, at a low cost. Jim lets him have the floor here to make the argument that the “value added” in higher salaries comes from legislatively protected earnings for merchant seamen. More on this argument, including strong counter-arguments, coming soon. (Read it here.)