Friday, February 7, 2014

The College Diploma Myth


The old mantra: Go to college and get a diploma or you won’t get a good paying job.

The snake oil: You see number comparisons of college degrees of today’s youth, compared to the numbers gathered by their parents or earlier generations.The younger folks have more degrees. They must be smarter.

The panacea: A college degree has  become a solution for what ails the American economy.

Rubbish! No report on the subject is broken down to what today’s college degrees are worth in terms of knowledge, nor job practicality..

What do you do when looking for a job with an-easy-to-get degree in social science or political history? Or tennis? or whatever subject today’s kids take for the years they lounge about on campus, while wasting their parents’ tuition and taxpayer subsidy funds.

In the past, youngsters learned trades, often without fancy college diplomas to hang on the walls.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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