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.
Yeah, the good old days. Far fewer people went to college back then, as well. Mostly those who could afford it, and to heck with everyone else.
You can't have both although the government has tried.
Now we have college graduates who have mountains of debt, obscure majors and cannot find jobs or are finding jobs that didn't need college to begin with.
Everyone's a winner. And now the top companies want an Masters degree because of the saturation of 4 year degrees.
Yeah..these kids are so much better off today aren't they ?
You can't have both although the government has tried.
Now we have college graduates who have mountains of debt, obscure majors and cannot find jobs or are finding jobs that didn't need college to begin with.
Everyone's a winner. And now the top companies want an Masters degree because of the saturation of 4 year degrees.
Yeah..these kids are so much better off today aren't they ?
We're in a recession. Which top companies are you referring to?
We're in a recession. Which top companies are you referring to?
Many of the corporates offshored the jobs. Those jobs are not coming back.
This is not like past recessions where companies cut back and then rehired when times got good. These jobs went to China and India and wherever labor costs are lower.
http://www.nytimes.com/2011/07/24/ed...pagewanted=all
“There is definitely some devaluing of the college degree going on,” says Eric A. Hanushek, an education economist at the Hoover Institution, and that gives the master’s extra signaling power. “We are going deeper into the pool of high school graduates for college attendance,” making a bachelor’s no longer an adequate screening measure of achievement for employers.
Colleges are turning out more graduates than the market can bear, and a master’s is essential for job seekers to stand out — that, or a diploma from an elite undergraduate college, says Richard K. Vedder, professor of economics at Ohio University and director of the Center for College Affordability and Productivity.
Yeah, the good old days. Far fewer people went to college back then, as well. Mostly those who could afford it, and to heck with everyone else.
The irony is, that with more people going, college tuition and costs have just skyrocketed. College was actually much more affordable back in the 60's when not so many people went, even kids who worked their way through college could easily pay for it back then.
It is preferable though debt is higher for something which will be useful for many (college grad unemp rate is about 5%) vs buying the newest phone (credit card debt).
Friends of mine are back at school cause const went south. they are young but figured it's a good way to live for now.Free money Free money,they not only get to get useless degrees but borrow for rent and food too. so sad glad I am a carpenter and can actually earn a dollar instead of borrowing it
Many of the corporates offshored the jobs. Those jobs are not coming back.
This is not like past recessions where companies cut back and then rehired when times got good. These jobs went to China and India and wherever labor costs are lower.
http://www.nytimes.com/2011/07/24/ed...pagewanted=all
“There is definitely some devaluing of the college degree going on,” says Eric A. Hanushek, an education economist at the Hoover Institution, and that gives the master’s extra signaling power. “We are going deeper into the pool of high school graduates for college attendance,” making a bachelor’s no longer an adequate screening measure of achievement for employers.
Colleges are turning out more graduates than the market can bear, and a master’s is essential for job seekers to stand out — that, or a diploma from an elite undergraduate college, says Richard K. Vedder, professor of economics at Ohio University and director of the Center for College Affordability and Productivity.
Off-shoring is not the same as requiring a master's. It's irrelevant to that conversation. Being a librarian has required a master's for a long time. I have a couple of friends who got their MLS 30+ years ago.
I'm not sure Richard knows what he's talking about. Nursing, engineering, accounting are all jobs you can get with a bachelors, or, in the case of nursing, an entry level position with an AAS. Only ~25% of adults have even a bachelor's, so I think he's full of it.
Actually, Katiana, I do think he is inadvertently correct, in that Masters are being required of some positions now that were available with a Bachelors' 10 years ago. Not happening all at once, but a natural occurrence.
Actually, Katiana, I do think he is inadvertently correct, in that Masters are being required of some positions now that were available with a Bachelors' 10 years ago. Not happening all at once, but a natural occurrence.
Then provide some links. No wonder we have an unemployment problem, since only 7.6% of people have masters'.
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.
