Because most employers have drunk the Kool-Aid and actually believe that colleges turn out fully prepared, plug-and-play employees requiring zero employer-paid cost for training.
Exactly. I was writing #18 while you posted #16. We are on the same page.
“Because most employers have drunk the Kool-Aid and actually believe that colleges turn out fully prepared, plug-and-play employees requiring zero employer-paid cost for training.”
Those days became passé when the current big economic meltdown happened.
Now, companies like Google are saying that the SAT’s and college degrees are not indicators of success in their company/industry.
Often, these companies are monitoring Science Fairs and the Math Olympics out here in California to identify potential employees and to start their selection procedures. We are seeing and will see a lot of competition for young and smart kids like there is for good athletes for industry and universities at the high school level.
We have a couple of younger relatives in their mid teens, who have been treated to rush trips to several of the top universities in California for a couple of years, since they excelled in middle school. Those trips have nothing to do with fraternities or sororities, the trips are controlled by the universities and various departments .
Now, their younger relatives are getting the same come and visit our campus rush after a year of high grades in middle school. These kids are not interested in a IUD degrees, they like and excel at the hard sciences.
So who will get a good job after graduation?
The smart kids, who take the hard sciences and graduate with honors in 4 years in a tough and respected university? Who probably interned with pay during the summer with a top company?
Or the liberal know it all affluenza brat, who took 6 years to get a 120 hour degree in Hispanic Lesbian Art Appreciation with a college loan debt between $150,000 to $200,000, who has never worked a day in their life for money?
Which student will be living unemployed in their parents home until the parents kick them out or sell their home to go to a retirement home?
An alternative view:
http://www.econtalk.org/archives/2014/04/bryan_caplan_on.html
Colleges help employers sort the marketplace. You’ll enjoy the podcast. Econtalk is excellent brainfood.