Hello, I'm John Donovan, Host and Moderator of Intelligent Squared U.S., and it is graduation

season.

A time for high school seniors to look back and celebrate their formative years before

embarking on the next step of their academic journey, college.

But not every graduating senior attends college, and perhaps not everyone should.

With unemployment for those with bachelor's degree still at an all-time high and student

loan debts are passing credit card debt, it begs the question of whether it's really

all worth it.

And it calls to mind a debate we had on October 12, 2011, where the motion being debated

was, too many kids go to college.

The team arguing for the motion is Tech Entrepreneur and PayPal co-founder Peter Till and his partner

Charles Murray, who is author of American Enterprise Institute's article, are too many people

going to college.

The team arguing against the motion is Henry Bynon, president of Maritus at Northwestern

University, and his partner, entrepreneur, turned academic Vivek Wadwa.

Peter Till opens the debate by questioning the absolutism of seeking a college degree.

Thank you.

Well, let me actually just start with that question.

I went to Stanford undergrad, Stanford Law School.

Throughout the 90s I had a belief that education was absolutely paramount.

We should only hire people who went to the best schools, and we discriminated on the

spaces very aggressively in hiring at PayPal.

...