Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The reality is you will be left with a higher concentration of less educated people and at least one party, the Republican Party that is looking to cut funding for education. Most foreign countries place a premium on EDUCATED IMMIGRANTS, probably more so than the United States. We have millions of educated young people with no job opportunites or chances to build a better life for themselves. The prospects of working and living in another country with a growing economy and expanding middle class will start to appeal to more and more of these people as American corporations continue to outsource jobs.
Money does not buy good education: that has been proved time and time again. it starts in the home and continues from there.
The reality is you will be left with a higher concentration of less educated people and at least one party, the Republican Party that is looking to cut funding for education. Most foreign countries place a premium on EDUCATED IMMIGRANTS, probably more so than the United States. We have millions of educated young people with no job opportunites or chances to build a better life for themselves. The prospects of working and living in another country with a growing economy and expanding middle class will start to appeal to more and more of these people as American corporations continue to outsource jobs.
Didn't Bill Gates drop out of High School? There are lots of successful businessmen who were mediocre students at best... or who dropped out entirely who are more successful than a lot of people with PhDs.
These days an undergraduate degree from even an Ivy League college and $1.50 will get you a cup of coffee ...and you might have had to pay more than $100k to get the "education"! Our colleges do NOT require the academic rigor they used to 30 or more years ago. So not only do you pay more but you get less. European schools have for a long time been FAR MORE rigorous than American schools. That is another thing to keep in mind -- especially if most of the jobs are overseas.
An employer would rather hire someone with work experience over someone with a college degree any day of the week anyway.
Today in my opinion a college education is not worth it unless the person is very focused.
It would behoove parents who want to get their kids on the right track and help them to get a meaningful career going would be to encourage their kids to do some sort of internship with a company where they can get work experience. If that leads to a job and a college education paid for by the company overseas, all the better.
Why can't I compare them to America? Every country on the planet is competing in terms of natural resources, exports, talent, financial capital, and other resources.
THE COUNTRIES WITH THE BEST OPPORTUNITIES WIN!
Right noiw the United State is not one of those countries.
Case in point Goldman Sachs just annouced they were laying off over workers here in the United States. They are opening an office in:
What works in smaller countries will not always work in larger ones and visa versa. If is like comparing a rural state to a urban state. That is why. As for Singapore, I didn't say anything about their economy, or their educational system for that matter. I was talking about deciding to relocate to Singapore for a better life: Our daughter had a chance to live there as an X Pat but turned it down because of some of the living conditions (not for people like her, but citizens of the country and other countries) She was apalled at the conditons. So unless you have been there, you can't really judge can you?
Add to this, the best education in the world does not assure: 1-success and 2-happines. We can all give examples of people we have known with outstanding education that are either not happy or have never made the income that you would think would go with the education. This can be said about those who do not have top educations as well.
What works in smaller countries will not always work in larger ones and visa versa. If is like comparing a rural state to a urban state. That is why. As for Singapore, I didn't say anything about their economy, or their educational system for that matter. I was talking about deciding to relocate to Singapore for a better life: Our daughter had a chance to live there as an X Pat but turned it down because of some of the living conditions (not for people like her, but citizens of the country and other countries) She was apalled at the conditons. So unless you have been there, you can't really judge can you?
Add to this, the best education in the world does not assure: 1-success and 2-happines. We can all give examples of people we have known with outstanding education that are either not happy or have never made the income that you would think would go with the education. This can be said about those who do not have top educations as well.
Recently, as technology has improved and emerging-market countries have sent more people to college, economic pressures have been moving up the educational ladder in the United States. “It’s useful to make a distinction between college and post-college,” Autor told me. “Among people with professional and even doctoral [degrees], in general the job market has been very good for a very long time, including recently. The group of highly educated individuals who have not done so well recently would be people who have a four-year college degree but nothing beyond that. Opportunities have been less good, wage growth has been less good, the recession has been more damaging. They’ve been displaced from mid-managerial or organizational positions where they don’t have extremely specialized, hard-to-find skills.”
College graduates may be losing some of their luster for reasons beyond technology and trade. As more Americans have gone to college, Autor notes, the quality of college education has become arguably more inconsistent, and the signaling value of a degree from a nonselective school has perhaps diminished. Whatever the causes, “a college degree is not the kind of protection against job loss or wage loss that it used to be.”
Without doubt, it is vastly better to have a college degree than to lack one. Indeed, on a relative basis, the return on a four-year degree is near its historic high. But that’s largely because the prospects facing people without a college degree have been flat or falling. Throughout the aughts, incomes for college graduates barely budged. In a decade defined by setbacks, perhaps that should occasion a sort of wan celebration. “College graduates aren’t doing badly,” says Timothy Smeeding, an economist at the University of Wisconsin and an expert on inequality. But “all the action in earnings is above the B.A. level.”
Didn't Bill Gates drop out of High School? There are lots of successful businessmen who were mediocre students at best... or who dropped out entirely who are more successful than a lot of people with PhDs.
These days an undergraduate degree from even an Ivy League college and $1.50 will get you a cup of coffee ...and you might have had to pay more than $100k to get the "education"! Our colleges do NOT require the academic rigor they used to 30 or more years ago. So not only do you pay more but you get less. European schools have for a long time been FAR MORE rigorous than American schools. That is another thing to keep in mind -- especially if most of the jobs are overseas.
An employer would rather hire someone with work experience over someone with a college degree any day of the week anyway.
Today in my opinion a college education is not worth it unless the person is very focused.
It would behoove parents who want to get their kids on the right track and help them to get a meaningful career going would be to encourage their kids to do some sort of internship with a company where they can get work experience. If that leads to a job and a college education paid for by the company overseas, all the better.
Bill Gates actually dropped out HARVARD!
Actually the economic downturn has allowed companies to be MORE SELECTIVE about hiring qualifications. I have a friend that has been to college and has done IT tech support for 10 to 15 years. He was recently laid off and he's having a tough time getting interviews and it's been pointed out that the fact he doesn't have a four year degree is a big issue.
Your opinion about the value of a college education is just that, your opinion. The overwhelming amount of evidence has shown over the last 30 years that people with a bachelor's degree or higher have done substantially better than those without one.
Without doubt, it is vastly better to have a college degree than to lack one. Indeed, on a relative basis, the return on a four-year degree is near its historic high. But that’s largely because the prospects facing people without a college degree have been flat or falling.
Try getting an internship at company without going to a 4 year accredited university. It's it possible? Yes. Is it likely? No! Also very few companies are willing to pay for 4 years of college tutition without being hired on as a full time employee.
Also the chances an American getting a college education paid for by an overseas company are even more rare
Actually the economic downturn has allowed companies to be MORE SELECTIVE about hiring qualifications. I have a friend that has been to college and has done IT tech support for 10 to 15 years. He was recently laid off and he's having a tough time getting interviews and it's been pointed out that the fact he doesn't have a four year degree is a big issue.
Your opinion about the value of a college education is just that, your opinion. The overwhelming amount of evidence has shown over the last 30 years that people with a bachelor's degree or higher have done substantially better than those without one.
Try getting an internship at company without going to a 4 year accredited university. It's it possible? Yes. Is it likely? No! Also very few companies are willing to pay for 4 years of college tutition without being hired on as a full time employee.
Also the chances an American getting a college education paid for by an overseas company are even more rare
This has nothing to do with experiences. What was happening in the last 20 or 30 years is that many companies hired MBA to managed their companies. Many of them have no real world experiences and they are put in management position and put this these new requirement that you need X degree to go to level X, Y degree to go to level Y and Z degree to go to level Z.
Worst, many of these MBA are hired by consultant firms that consult bigger corporation how to run the business.
Btw, education is a business. This is the best business. Why? Because you are selling a product that offer no guarantee/warranty that it will works.
The reality is you will be left with a higher concentration of less educated people and at least one party, the Republican Party that is looking to cut funding for education. Most foreign countries place a premium on EDUCATED IMMIGRANTS, probably more so than the United States. We have millions of educated young people with no job opportunites or chances to build a better life for themselves. The prospects of working and living in another country with a growing economy and expanding middle class will start to appeal to more and more of these people as American corporations continue to outsource jobs.
the problem is not as simple as offshoring. i wonder where you think all of this money is coming from to feed, raise, provide medical care, and educate a bunch of illegal immigrants? you said it yourself! we have millions of educated young people with no job opportunities-WHY WOULD WE WANT TO ADD MORE TO THAT????
the problem is that everybody who wants to open a business or create jobs has to jump through hoops (or bribe somebody). the problem is that the US government picks winners and losers by dangling taxpayer money at their "choices". what do you think cap and trade is about?-nothing but control of businesses and citizens. the problem is that government keeps sucking money from the private sector, even when that sector is struggling with the debt load, and CONTINUES TO DEMAND MORE. the problem is that the government will not cut itself, but rather would cut the dependents first. (and nobody can stop them because they are the rulemakers). the problem is that the government wastes whatever money it gets, and blew through the social security money that generations have put in to save for their retirements, and then the government TURNS AROUND AND THREATENS THOSE SAME PEOPLE.
the problem is that the government has no clue how to run the economy like a business, or they would have FIRED the leaders long ago and replaced them with competent people.
the problem is that the federal reserve has the ability to DEVALUE our currency and actually eliminate the ability to save in this country, or to protect your spending power.
the problem is that our congress is captured and doesn't even write the bills that it submits, and certainly doesn't read or understand them before they submit them. (and they are quite open about this now)
the problem is that our freedoms are being taken away from us while we are looking the other way.
Actually the economic downturn has allowed companies to be MORE SELECTIVE about hiring qualifications. I have a friend that has been to college and has done IT tech support for 10 to 15 years. He was recently laid off and he's having a tough time getting interviews and it's been pointed out that the fact he doesn't have a four year degree is a big issue.
Your opinion about the value of a college education is just that, your opinion. The overwhelming amount of evidence has shown over the last 30 years that people with a bachelor's degree or higher have done substantially better than those without one.
Try getting an internship at company without going to a 4 year accredited university. It's it possible? Yes. Is it likely? No! Also very few companies are willing to pay for 4 years of college tutition without being hired on as a full time employee.
Also the chances an American getting a college education paid for by an overseas company are even more rare
We aren't back in the 1970's when I would agree with you. Today is nothing like it was then. A Harvard degree does not mean what it used to mean and it costs a heck of a lot more money!
Can't you grasp the fact that students are financing their college educations and graduating with liberal arts degrees in tens of thousands or hundreds of thousands of dollars in debt WITH NO JOB PROSPECTS? Even if they do get hired, the chances of them paying of the loan without an engineering degree is slim to none!
Your own source even states that college educations aren't what they used to be and nobody can argue that they aren't exponentially more expensive. I'm not saying it is a bad thing to have one. I'm just saying that what you get out of one these days isn't worth what you pay for it for most liberal arts majors and you may never be able to pay off the loan. Sure if you have a trust fund and someone is paying for it for you go to college. Just don't expect to land a plush job anywhere even with a BA from Harvard when you graduate.
It is VERY possible to get an UNPAID internship. Employers would be stupid not to take advantage of that. The kid could gain a heck of a lot more useful information and work experience that would look good on a resume volunteering for a company for a year (and all he'd need to do is pay for his living expenses which would be a heck of a lot less than it would being in college) than he would as a freshman in college.
After a year of volunteering chances are he'd be on the payroll earnng more than he would if he'd completed a BA degree at Harvard and applied to the same company with nothing but a college degree. At that point even AFTER the college degree to get the job he'd probably have to beg for a volunteer position and do what he could have done 4 years earlier and saved himself the time and money wasted getting a BA degree.
Last edited by emilybh; 08-10-2011 at 10:25 AM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
