NEW YORK (TheStreet) --New Yorker columnist and New York Times best-selling author of books such as "The Tipping Point" and "Blink: The Power of Thinking," Malcolm Gladwell shared his thoughts on the U.S. education system on Wednesday. Gladwell joined CNBC's Brian Sullivan at the Charles Schwab IMPACT 2016 conference during this afternoon's "Power Lunch."
Gladwell, who hosts the podcast "Revisionist History," has discussed the divide in the U.S. educational system and tackling the concept of whether it should be subsidized by the government.
"It is well known that the two areas of the American economy where costs have increased faster than the rate of inflation are healthcare and education. The government cannot offer to write a blank check for education if education costs continue to rise at the level they have been rising," Gladwell said.
Gladwell called the government subsidizing education "a recipe for disaster" because of specific ramifications.
"Everything we know about massive government subsidies suggests they are a driver of costs not a fiscal discipline," he noted.
"If colleges are behaving irresponsibly now when it comes to holding down when it comes to tuition. How will they behave if the government walks in and says we're going to start funding an enormous amount of the cost of tuition for most students?" Gladwell asked.