Posted on 11/20/2013 9:52:05 AM PST by SeekAndFind
An interesting read, but no mention is made of what *kind* of degree is obtained. STEM isn’t mentioned at all. I think the numbers would be a lot different if they differentiated between BA and BS. I think any study that doesn’t do that is worthless because they’re comparing Marketing majors to Electrical Engineering majors.
Good points about BA degrees being used as “sorting mechanisms.” Another name for this is “credentialism.” HR people are the worse technocrats in any large company, and anything that allows them to toss applications wholesale without thinking about it is golden to them. You can’t get a job drawing blood without a Bachelor’s degree, and that’s insane.
Scouts Out! Cavalry Ho!
You are correct. As with any bubble, when (not if) the higher ed bubble bursts, collateral service providers will be affected, much like the minimally trained twenty something loan brokers of 2007 were affected when the real estate bubble burst.
Really, it depends on the degree. You know, is your degree in “Underwater Basket Weaving” or “Computer Science”?
Yeah, but the bursting of the education bubble is going to make the mortgage bubble look like a walk in the park. At least here in the Philadelphia area. It may not be as bad in the rest of the country.
It is not the degree.
The value of colleges has gone down.
There are whole departments to “junk science/fields” which are nothing more than make work areas of the ivory tower.
Contrast with the courts which had to enact rules to adress junk science experts for made up fields.
we have gone from well rounded individual to well trained individual into totally indoctrinated individual.
The last one being of no benefit except to that of the ruling eliete as serfs.
South Koreans also put far too much stock in a college degree
some college was teaching students how to pleasure themselves the other day
Even in today's environment, I've seen students who've done that and ended up in really fine management training and home office situations upon graduation.
it USED to be a european diploma meant something because european countries had very few universities and selective admissions.
no so any more, in gneral.
eu diplomas have socilism based degrees that have no value just as much as usa schools.
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