This page has been archived and commenting is disabled.
Do You Really Need a College Degree to Get a Job?
Below is a breakdown of how many jobs were created in July by education level. Do you really want to spend $200k to get that MBA?
The US Government is full steam ahead in using our taxpayer dollars to make it easier for you to get in over your head in student loan debt though, so we've got that going for us.
After all, burdening all the youth with debt & no way to pay it off is a priority
»
- advertisements -
Funny thing,
My wife went to a Christian college and an SDA medical school. With her 20 years accumulated savings from working as a physician, I suspect she could buy and sell you.
Get out of your parent's basement much?
Kudos to her for being born at the right time to do so... I suspect she'd have a little tougher time accumulating that money in today's environment (the same environment that she helped shape for the worse).
Um, I think you missed the point...
Right, because I am sure that Christianity is a far bigger threat than the cultural-marxist liberal hippie idiocy that they cram into impressionable late-teens and twenty-somethings.
http://voices.yahoo.com/all-white-people-racistthe-university-delaware-6...
The corporations make it a requirement to have a college degree to get a job.
Granted, it is nice to have one.....but a college degree does not make one a smart or a hard working person. Personality, upbringing, and natural talent play a role.
It's almost as if corporations, via drug tests and college degrees, are in works with the banks of now weeding out the debt serfs to decide which can make a living and which ones can't. Imagine if you have an IQ of 120, but are apprehensive of getting 100K+ in debt, just so you can MAYBE have a chance to compete for a job that 6 other people are competing with you for?
You basically have to be a saint to get a good living today. This s ucks for "tweeners": people too smart to work at Wal-Mart, but w/o the murderer's row of credentials that corporations look for in hiring candidates. Like the banking creditors', they've become too riskaverse.
I think also this is why food service and waiting has become a boom for people 18-35, because its one of the menial jobs that can actually pay well.....albeti at the sacrifice of weekends and weeknights (when it's the busiest in establishments).
Like the banking creditors', they've become too riskaverse.
I think it's more that they've turned the screening over to Human Resources departments who generally don't understand people or the work they hire them to do.
Human Resources people are just now the corporate equivalent to Plantation managers in today's society. It's also why most are women; nothing says fascism more than smiling at a co-worker one day, and canning his ass the next.
Of course, this should be handled by CEO's, but I guess they get paid too much to deal with the common worker, or even have the balls to tell them that ass is getting canned, in any case.
The debt serfs are scared shitless as it is in this volitle, fragile job market. And corporations know it.
yikes!! that minus 217k is bad..you mister kotter can you help us..
Some serious issues connected with college these days. Heavy support in Federal Funds to the Education intstitutions facilitates the "indoctrination" of young people, and they are going deeply into debt to receive it.
A win/win for the central planners.
I've honestly learned more from websites like ZH than I did in college. College is leftist-indoctrination central anyway.
They paint a very pretty picture of the world in college.
@PatientZero
U.S. Universities do not exist to promote learning. Americans are more concerned about status than scholarship. So, you go to college to get your diploma, not an education.
Seriously I took Macro and Micro economics at university. It was a very reputable university too. But they really didn't get into what ZH gets into - the detail, the explanations, THE CORRUPTION and criminal banker cartels, debt serfdom
In fact, they told us that the Austrian school was outdated and primitive. If you didn't accept either Marxian or Keynesian economics, you were untermensch.
Yep. You get a little sheet of paper that says you're now qualified to begin learning to do a job.
The youth extermination bubble is hot!
EAT THE YOUNG
FUCK THE POOR!
What don't you ZH faggots realize? Markets don't have feelings, c'mon!
That's Mr. Faggot there buddy!
ummm... i think they do realize it...kind of why we're all here...douchebag
You should have to earn a debt license like a drivers license before hauling that much debt
It can't be on the debtors' side though... people will ALWAYS binge on debt... it's irresistible.
All of the constraints have to be on the creditors' side... and, frankly, failure is the only police mechanism needed.
I would add the the Federal Reserve should be reined in disbanded so they don't do stupid things like push artificially generated money at artificially low rates down the lenders' throats while congress badgers them to loan more and more of it out. Actually congress fined some banks millions for not loaning enough out to low income borrowers. So... they lowered their credit standards and kept pushing it out, even to those who had little to no chance of paying it back.
Then when the artificially induced boom came to it's inevitable crash landing, the lenders were blamed for loaning it out. Ultimately, it's the government's fault, and their spawn, the Federal Reserve's. Of course the too big to fail banks played a major role in making it far worse, and in greedily taking advantage of the (nearly) helpless taxpayers and assorted other victims, but many of them are a part of the Federal Reserve themselves.
I think many of the legitimate banks and savings and loans were victims as well. When the economy is floating in free and easy money during the long artificially induced boom period, they are pretty much forced to go along with the crowd or be run out of business. When the money is easy and cheap they have to loan it out at ridiculously low rates, and have to ease up on their credit standards when "everyone else is doing it".
That's neat and all, but what do you propose to put in the FED's place? I'll just preface with the statement, absolute power corrupts absolutely...
We did far better without any central bank whatsoever.
There is no need for the government to control money. Let people use whatever money they like. Gold and silver coins worked quite well for centuries. When the government gets involved bad things happen.
I sincerely hope that you don't expect us to return to a real money currency at this juncture... the cat is out of the bag so to speak... I think there's the outside possibility depending on how deep we peel back the economic system post collapse, but I don't put much probability in it. Essentially, we're posed with picking the most sustainable system that is the easiest to implement and that caters to existing and forming power structures... I just don't believe that modern economies are going to be reduced to bartering or, alternatively, trading precious metals (not that either won't have incredible value at some point in the fairly near future, if not already). Stronger money does not necessarily entail strong money...
The other issue is that every system actually implemented by man has failed... for one reason or another.... and often times, the same reasons that lead to fiat's downfall also lead to the downfall of a stronger currency. The questions posed at this juncture are as much qualitative as quantitative... (because we totally suck at rudimentary math).
The B-school my wife works at has 90% mainland Chinese enroled in the MBA program. So fuck them.
in the 80's a lot of prettyy shitty art was sold at astronomical prices to the japanese and then turned out to be mostly worthless.
the same applies to the paper we call graduate degrees, for the chinese. what's new?
There have been vast increases in students coming from mainland China to study in US universities. That doesn't really matter to me; if you can afford the ticket, you should be able to go on whatever ride you please - that is the principle of a free market.
What I do have a problem with is:
1) The watering down of the actual material learned.
2) Disproportionate increases in ticket prices while incomes have stagnated and decreased.
3) "Professors" who teach only the bare minimum or don't teach anything relevant whatsoever and just kind of lurk around being useless sacks of meat.
4) Elementary, Middle, and High Schools that absolutely do not prepare a student with any valuable skills whatever that someone needs to have by the time they reach college.
5) An utter loss for the appreciation of learning in teenagers and young adults.
6) The partyboy/partygirl attitude at colleges, i.e. overindulgence in (and addiction to) alcohol and the whole "bro" culture. "Brogrammers" make me sick to my stomach.
I can keep going, but really, there's no point - the damage has been done. The people have been corrupted and diminished to being just technicians and paper pushers. As an educator, I am aghast at what is being done to our children.
Better to be a technician or paper pusher than a tool of the State. Most college professors have leftist leanings because they know who their sugar daddy is. I agree that a core Liberal Arts curriculum is an essential element in critical thinking and written communication. However, I prefer that professors stick to teaching the classics instead of pushing self-serving agendas. Having said that, the most practical part of my education was my business undergrad and accounting courses in particular. It taught me the basics of how the world really operates. When I went back for a graduate degree on my own dime, it was to supplement my career with a technical degree, having learned about ROI from my undergrad and experience in the business world. No damage or corruption in that.
So you're trying to attach free market principles to an arm/dependent of the state? Really?
It is a paradox to me. If the corporations are so flush with CASH and cannot find skilled workers why don't they take some CASH and setup TRAINING like in the old days. Problem solved.
Because their claims are bullshit. They either want to export the work to "low cost regions", or import cheap workers.
I believe the only reason the Co's bitch about not finding workers is they just want to bring in more H1s. The workers are there--they just don't want to hire them.
H1-B visa holders typically have a BS and a minimum 3 years work experience in whatever specialized technical area they support. Plus they require sponsorship so they typically will not bolt until they obtain their green card or the visa expires. It is way less risk for an employer to hire somebody on these terms than to take somebody out of college, invest 1 or 2 years of training and mentoring only to see them leave at the next best opportunity that comes along (which is a very good possibility).
Yes I agree... that is why I brought this solution up. Everytime you hear this complaint you can bust their chops with this solution.
If corporations did not have CASH, I might be sympathetic, but with record CASH onhand they can kiss my old wrinkled butt cheeks! It comes down to where you want to hide the pickle (cash)?
As far as corporate cash goes- a company would be stupid not to stockpile it now after the credit market lockup a few years ago blew up so many businesses. With a Euro zone meltdown a question of when and not if, any company short on cash and depending too much on credit is going to be caught with their pants around their ankles- and they will indeed know where the pickle is at that time.
Exactly the same thing happening here. Basically, education is now an export... the states' money drain is coming back home to roost. Local citizens simply can't afford to attend. And, mind you, this is with a state lottery that pays for every retarded high schooler to go to college and flunk out after the first semester... they STILL need to pick up the slack with folks that "ain't from round here".
My question is how long it takes for people to get fed up with it... when you watch your tax subsidized educational institutions giving degrees to people who will compete for your jobs and those of your children, etc. from foreign lands and not add to the tax base... Not only do we outsource labor, but we "lock in" the outsourcing through education... Needless to say, it's a tough sell to try and get americans on board with that one. Although, education is quite the sacred cow... we'll see what happens when everyone is hungry.
Most schools have dropped their standards to keep the foreigners coming in. Most of them can't form a proper sentence. Admissions will take anybody with a pulse, regardless of test scores or any other meaningful criteria. Its a business, plan and simple. Most of the foreigners are here on a student visa which is a lot easier to get than a work visa. Many of them couldn't get into schools in their home countries. So I wouldn't worry about any meaningful training they are getting. They are just keeping the lights on at half of the private universities that could never compete without low standards and USG loan guarantees. Just look at half the advertisements on the web! There are plenty of "universities" (businesses) taking advantage of the latest credit bubble.