Should We Really Be Encouraging the Master's Degree for All? (College Degree Advantage Diminishing)

Foundation for Economic Education ^ | 01/25/2018 | Richard Vedder

[CodeToad]

Degrees mean nothing anymore.

[Maverick68]

Too many people have a monetary interest in packing schools with people who are imminently unqualified to be there.

[1Old Pro]

I think the millennial college grads just sunk the data regarding the success of college grads.

[farming pharmer]

“Where I live it will cost you $125.00 hr to get a boat motor worked on at the dealership and 185.00 hr if they come to you.HS diploma.”

They don't call our boat mechanic 'Thousand Dollar Bob' for nothing. Thankfully I can do most of the work myself.

[dsc]

“They don’t call our boat mechanic ‘Thousand Dollar Bob’ for nothing. Thankfully I can do most of the work myself.”

So, we’re talking about big inboards, right? Not outboards?

[Political Junkie Too]

The College for All interpretation is that the diminishing payoff to the bachelor’s degree means students need to get more degrees, specifically master’s degrees.

Has the College for All crowd admitted that the first two years of college are now really the last two years of high school (to correct for the social promotes), and that college in the United States is being dumbed down as a result?

-PJ

[farming pharmer]

So, we’re talking about big inboards, right? Not outboards?

'Thousand Dollar Bob' works on both. Outboards can be incredibly expensive to fix. Thankfully, I've got a couple of GM big blocks on straight shafts. Very easy to work on with normal tools.

[dsc]

“Thankfully, I’ve got a couple of GM big blocks on straight shafts. Very easy to work on with normal tools.”

I’m guessing it might be pretty cramped.

[farming pharmer]

I’m guessing it might be pretty cramped.

My engines are located mid way, a lot of space for even my fat rear to work on.

My brother's boat has engines sitting on V-drives right at the transom. That's a *very* tight fit. A simple repair can be an all day affair.

That said, marine mechanics here (I live in SE Michigan) can make a very good living.

[dsc]

“My engines are located mid way, a lot of space for even my fat rear to work on.”

Man, you have the best of all worlds. Just don’t tell me you married a supermodel who is also a beer heiress.

[captain_dave]

People need to understand that higher education is Vocational. STEM degrees are vocational, so they pay well. Liberal arts degrees for the most part lack any utility, so they pay very little, and perhaps even less than no degree for those schools that are leftist indoctrination centers

[Renegade]

Jersey Shore.Cape May County.

[dsc]

I like Cape May, but I don’t know if I could live in NJ again.

[Renegade]

I moved back to PA. Kept the Jersey house as a summer place.