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The future of work won't be about college degrees, it will be about job skills
CNBC ^ | 11/01/2018 | Stephane Kasriel, Upwork CEO

Posted on 11/01/2018 10:42:58 AM PDT by SeekAndFind

* According to the survey Freelancing in America 2018, released Wednesday, 93 percent of college-educated freelancers say their skill training is more useful in the work they are doing now than their college training.

* Sixty-five percent of children entering primary school will end up in jobs that don't yet exist, reveals the World Economic Forum.

* The result is a proliferation of new, nontraditional education options.

_______________________________________________________________________________________________________________________________________________________________

Twenty million students started college this fall, and this much is certain: The vast majority of them will be taking on debt — a lot of debt.

What's less certain is whether their degrees will pay off.

According to the survey Freelancing in America 2018, released Wednesday, freelancers put more value on skills training: 93 percent of freelancers with a four-year college degree say skills training was useful versus only 79 percent who say their college education was useful to the work they do now. In addition, 70 percent of full-time freelancers participated in skills training in the past six months compared to only 49 percent of full-time non-freelancers.

The fifth annual survey, conducted by research firm Edelman Intelligence and co-commissioned by Upwork and Freelancers Union, polled 6,001 U.S. workers.

This new data points to something much larger. Rapid technological change, combined with rising education costs, have made our traditional higher-education system an increasingly anachronistic and risky path. The cost of a college education is so high now that we have reached a tipping point at which the debt incurred often isn't outweighed by future earnings potential.

Yet too often, degrees are still thought of as lifelong stamps of professional competency. They tend to create a false sense of security, perpetuating the illusion that work — and the knowledge it requires — is static. It's not.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Society
KEYWORDS: college; degree; jobskills; work
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To: SeekAndFind

I did a BA Honours in history, but then took accounting and computer courses to round out my skills. Ended up doing a diploma in accounting at my local community college, so I did a fairly common route in terms of doing a practical thing after doing a liberal arts degree. BTW, took typing in high school as well.


21 posted on 11/01/2018 11:01:03 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966)
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To: DIRTYSECRET

There is a lot between blue-collar tradesman and pure artist.


22 posted on 11/01/2018 11:01:13 AM PDT by 9YearLurker
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To: DannyTN

The purpose of a college education is to train you in how to think.

At least that’s how it used to be.


23 posted on 11/01/2018 11:01:40 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: SeekAndFind
In short, Liberal Arts degrees should be a supplement to a real professional degree. There's still need for accountants and lawyers.
24 posted on 11/01/2018 11:03:40 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: dfwgator
The purpose of a college education is to train you in how to think.

At least that’s how it used to be.

I've always said college taught me how to learn new things on my own. If I relied on what I actually learned in college, I'd be homeless.

25 posted on 11/01/2018 11:03:52 AM PDT by IamConservative (I was nervous like the third chimp in line for the Ark after rain had started falling.)
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To: DugwayDuke

Yes I have had so little use for calculus but on the other hand the concept of solving problem with the use of incremental steps is worth the study of calculus


26 posted on 11/01/2018 11:03:52 AM PDT by KC_for_Freedom
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To: cuban leaf
The most useful class I took was touch typing

Me too. I did not want to take it as I was the only male in the class. But my mom forced the issue. A few years later when my brother was paying girls to type his term papers for him she suddenly seemed pretty smart. Now everyone works on a keyboard.


27 posted on 11/01/2018 11:05:22 AM PDT by Buckeye McFrog
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To: taxcontrol
For many years now, the IT profession has been undergoing a shift from college degrees to certifications.

You beat me to that one. Yep, in that field you hire skill sets. Drives the HR crowd nuts.

28 posted on 11/01/2018 11:06:07 AM PDT by Billthedrill
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To: SeekAndFind

In other words, how It should have always been.


29 posted on 11/01/2018 11:07:23 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: blackdog

I’ve worked in tech for over 30 years.


30 posted on 11/01/2018 11:14:39 AM PDT by 9YearLurker
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To: Buckeye McFrog

“I did not want to take it (touch typing) as I was the only male in the class.”

That’s WHY I took it.


31 posted on 11/01/2018 11:16:02 AM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: SeekAndFind
Kinda been that way for a long time....My Dad didn't have a degree...but he was smart..and hard working.

Became very successful....

I've known plenty of people that don't/didn't hold college degree's and are very successful.

I've also known and know of...many,many with college degrees ...that are WORTHLESS..!!!

32 posted on 11/01/2018 11:16:08 AM PDT by Osage Orange (Whiskey Tango Foxtrot)
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To: Jimmy The Snake

In 1983 I spent 10 months, three hours a night, four nights a week learning COBOL IMS DB/DC. It cost $2,300. I’ve been in IT ever since and it worked in to a very nice six figure income.


33 posted on 11/01/2018 11:16:56 AM PDT by cuban leaf
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To: JohnBrowdie

You seem to believe that certifications make someone better at their job. There are only a few certs where that is true. The vast majority of certifications have a primary purpose of making HR comfortable with forwarding on your resume.


34 posted on 11/01/2018 11:17:04 AM PDT by taxcontrol
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To: cuban leaf

I say the same thing often. Typing was the most valuable high school course. Something that has helped me almost every day since.


35 posted on 11/01/2018 11:17:23 AM PDT by Codeflier (Tagline for sale.)
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To: taxcontrol

no, you just misunderstood my post.


36 posted on 11/01/2018 11:18:21 AM PDT by JohnBrowdie
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To: Billthedrill

HR personnel believe that it is their degree that makes them valuable to the company. They build their self image around that mantra and in turn, that impacts their judgement with regards to candidates. If a candidate does not have a degree, but has the experience and certifications, they are still moved to the bottom of the list. This reinforces the HR manager’s self worth.


37 posted on 11/01/2018 11:19:16 AM PDT by taxcontrol
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To: taxcontrol

That I would agree with!

Most of what HR does or so I am told is to provide a means for the company to hire without being sued. Best candidate for the job, not necessarily a priority.


38 posted on 11/01/2018 11:19:54 AM PDT by Reily
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To: Codeflier

All the math I learned before high school is all I really needed. And civics was a joke. Frankly, in today’s world I could learn more strictly with google and natural curiosity than I learned in public school. And if you throw sites like Kahnacademy into the mix, multiply by ten.

Public schools are a 19th century paradigm that outlived its usefulness in the early 21st century. It’s nothing more than glorified daycare now, and producing a class of idiots.


39 posted on 11/01/2018 11:20:24 AM PDT by cuban leaf
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To: cuban leaf

Yep - I got a BS/MS in Comp Sci by 1980 and had a wonderful career. Windows changed everything around 2000 as computers got cheap, they crashed and I needed 10 times as many to do the same job as Windows machines are mostly suited to run one thing.

I got laid off in 2015 and walked away from it. I lit up my pensions, got a clerical job using a computer and will fully retire when Medicare comes around in 3 years.


40 posted on 11/01/2018 11:26:21 AM PDT by Jimmy The Snake
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