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This is why I roll my eyes at the idiot posts here about "worthless" degrees that should be banned at universities, because I promise you--those liberal arts majors are still finding decent jobs a heck of a lot faster, and making much more money over time, than someone with a High School Diploma ever will. A college degree is always a good investment.
3.9% unemployment rate, 9% more employed than at the start of the recession.
As the old commercial goes, "education pays".
I read the article. You should point out that it states many are employed in jobs that didn't traditionally require a college degree - like store clerks.
This is why I roll my eyes at the idiot posts here about "worthless" degrees that should be banned at universities, because I promise you--those liberal arts majors are still finding decent jobs a heck of a lot faster, and making much more money over time, than someone with a High School Diploma ever will. A college degree is always a good investment.
I like smart kids to make my coffee - it just tastes better.
"But just because college graduates have jobs does not mean they all have good jobs.
There is ample evidence that employers are hiring college-educated workers for jobs that do not actually require college-level skills - positions like receptionists, file clerks, waitresses, car rental agents and so on."
This is why I roll my eyes at the idiot posts here about "worthless" degrees that should be banned at universities, because I promise you--those liberal arts majors are still finding decent jobs a heck of a lot faster, and making much more money over time, than someone with a High School Diploma ever will. A college degree is always a good investment.
Even during the height of the great recession, the unemployment rate among college grads was only about 4%. Still I think a lot of it may be more correlation than causation It takes a lot of persistence to make it through the 3rd & 4th year of undergrad, and those who can push through to success there are likely to push through to success in employment too.
It doesn't mean that there is not a lot of fluff and waste in the higher ed system.
It isn't that college degrees are valuable or a good investment in their own right. College is simply a hoop that must be jumped through to prove to employers that you aren't an idiot. With disparate impact rules making it impossible to test new recruits, companies have no other way of judging who is smart enough and who isn't. If they were allowed to give job applicants a battery of apptitude tests before hiring them, the need for degrees would largely disappear.
I read the article. You should point out that it states many are employed in jobs that didn't traditionally require a college degree - like store clerks.
Many are, but 15.2% for an overall return including them, rocks. Add in every other group suffered a reduced quantity of jobs, while college grads gained 9%.
It isn't that college degrees are valuable or a good investment in their own right. College is simply a hoop that must be jumped through to prove to employers that you aren't an idiot. With disparate impact rules making it impossible to test new recruits, companies have no other way of judging who is smart enough and who isn't. If they were allowed to give job applicants a battery of apptitude tests before hiring them, the need for degrees would largely disappear.
This is foolish. A college degree often provides many very useful bits of knowledge. As I recall, I learned about European history, psychology, art history, calculus, physics, chemistry, genetics, plant and animal physiology, political science, technical writing, research skills and the scientific method, and a whole lot more in college. I have a fairly high IQ, but I would never have just "figured it out" on my own. The Good Will hunting story is pretty good, but unless you are a true genius, chances are a college degree will give you a tremendous boost in understanding of the history, structure, and behavior of the world. It will also help to immunize you from the first sign of a fool, that you don't know how much they don't know, and will make listening to asses like Rush Limbaugh pure torture, as it should be for anyone with the ability to think independently.
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Add in every other group suffered a reduced quantity of jobs, while college grads gained 9%.
