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College Has Been Oversold
IBD Editorials ^ | October 19, 2011 | ALEX TABARROK

Posted on 10/19/2011 5:32:36 PM PDT by Kaslin

Education is the key to the future: You've heard it a million times, and it's not wrong. Educated people have higher wages and lower unemployment rates, and better educated countries grow faster and innovate more than other countries.

But going to college is not enough. You also have to study the right subjects. And American students are not studying the fields with the greatest economic potential.

Over the past 25 years the total number of students in college has increased by about 50%. But the number of students graduating with degrees in science, technology, engineering and math (the so-called STEM fields) has been flat.

Moreover, many of today's STEM graduates are foreign-born and taking their knowledge and skills back to their native countries. Consider computer technology. In 2009 the U.S. graduated 37,994 students with bachelor's degrees in computer and information science. This is not bad, but we graduated more students with computer science degrees 25 years ago.

The story is the same in other technology fields. The United States graduated 5,036 chemical engineers in 2009, no more than we did 25 years ago. In mathematics and statistics there were 15,496 graduates in 2009, slightly more than the 15,009 graduates of 1985.

Few fields have changed as much in recent years as microbiology, but in 2009 we graduated just 2,480 students with bachelor's degrees in microbiology — about the same number as 25 years ago. Who will solve the problem of antibiotic resistance?

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


TOPICS: Culture/Society; Editorial
KEYWORDS: america; college; highereducation; school; scienceeducation; students
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1 posted on 10/19/2011 5:32:40 PM PDT by Kaslin
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To: Kaslin
as a rule, anything with science in it's name isn't, and anything with studies in it name isn't worth studying...
2 posted on 10/19/2011 5:40:21 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Kaslin

Too many sociology-type degrees is the problem. And spending six figures to get them.


3 posted on 10/19/2011 5:40:43 PM PDT by Mr. Mojo
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To: Kaslin

I’ve always said somebody has to dig the ditches.


4 posted on 10/19/2011 5:41:01 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Kaslin

If science weren’t so anti-God/anti-religion maybe a lot more of the best students (read home-schooled) would go into those fields. These kids aren’t going to study in a field that fights their religion at every turn.


5 posted on 10/19/2011 5:41:01 PM PDT by conservaterian (Sarah/DeMint '12-XXX= Now what? Cain?)
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To: Kaslin

Education is the key. It’s not what you get in school, however.


6 posted on 10/19/2011 5:41:21 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: Kaslin
As Bill Whittle said in his stellar commentary from PJTV about the Occupy Wall Street dummies Three and a Half Days one of the reasons they are upset is because their degrees in "Bitterness Studies" aren't yielding any jobs for them!
7 posted on 10/19/2011 5:43:18 PM PDT by rlmorel (9/11: Aggression is attracted to weakness like sharks are to blood, and we were weak. We still are.)
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To: Kaslin

College hasn’t been oversold — just worthless degrees in fields of study where graduates are only qualified to be “baristas” at Star Bucks.

Time to bring back the trade school track in high school. Many students would be better off learning a vocational skill versus “Poly Sci” or “Women’s Studies”.


8 posted on 10/19/2011 5:43:44 PM PDT by 3Fingas (Sons and Daughers of Freedom, Committee of Correspondence)
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To: dynachrome

I have to disagree with you. MOTIVATION is the key and that is not tought in schools or colleges. Some one with motivation will be able to get a six figure salary without a sheepskin.


9 posted on 10/19/2011 5:46:07 PM PDT by taxcontrol
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To: Kaslin
I intentionally did not read the article.

I have always understood College was for the sole purpose of education.

Biased as a professor, I blame the public and politicians for distorting the original purpose.

Medical school is training, college is education.

10 posted on 10/19/2011 5:46:58 PM PDT by Rudder (The Main Stream Media is Our Enemy---get used to it.)
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To: Kaslin

My nephew graduated from college 2 years ago with a degree in economics. He works the night shift at the airport for FedEx loading and unloading planes - a job he probably could have gotten without a degree. He’s actually quite happy there and not too interested in looking for a job in his field. But at least he has a degree to fall back on and it always looks better on a job application if you can say you have a degree in anything. My sister is just happy he is employed.


11 posted on 10/19/2011 5:50:20 PM PDT by texaschick
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To: 3Fingas
The problem is all these morons are told from kindergarten on how they can be anything, even president, when 50% of them haven't got a chance of even being a plumber, much less president.

Children need a dose of reality, selling them this skies the limit crud, only to have them discover the truth at 20 destroys them.

12 posted on 10/19/2011 5:51:11 PM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: Kaslin

I’ve taught engineering/math at the undergrad level (and also at the grad level). However, the following applies to those who simply weren’t the “right stuff”.

We called the flunkouts “Political Science, e\Economics, or International Affairs” majors.

Because, that’s what they became. Want an example? Krugman would be a massive fail at any engineering math course. The fact that he got a Nobel Prize in Economics should tell you all there is to know about the standards of that field.

Now, I readily admit that there are may folks following those disciplines who could think me into a corner.

However, those folks are far, far outnumbered by the folks who couldn’t pass a simple course in logic, but feel talented enough to enter politics/etc.

The results are obvious. Just look at our joke of a president.


13 posted on 10/19/2011 5:51:30 PM PDT by Da Coyote
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To: Rudder
.....college is education....

Well, perhaps it used to be. However, education at all levels has been transformed into indoctrination during my lifetime.

14 posted on 10/19/2011 5:51:46 PM PDT by edpc (Former Normalcy Bias Victim)
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To: taxcontrol

I’ll agree with that. I learned much more after I got out of school and into the real world. Being broke was a good motivator!


15 posted on 10/19/2011 5:53:18 PM PDT by dynachrome ("Our forefathers didn't bury their guns. They buried those that tried to take them.")
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To: conservaterian

I studied quite a bit of mathematics, physics, and chemistry in my engineering curriculum, and I don’t recall a single mention of religion.

Science is not anti-God or pro-God. Any academic category that opposes faith in God is science falsely so called (I Tim 6:21).


16 posted on 10/19/2011 5:56:46 PM PDT by Skepolitic
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To: 3Fingas
Wrong.

It has been oversold.

Three decades ago, the higher education lobby threw everything they had into getting the dissalowance of the use of testing as sole criteria for hiring and promotion within private industry. This was sold as a civil rights issue, but the reality is that even that long ago the tools had been developed to impart the same skills and breadth of knowledge the universities impart...much cheaper and without having to move to a school town to do it.

17 posted on 10/19/2011 5:57:09 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: Kaslin

The Unemployment Rate among those who actually bothered to get a get a college degree is 5.4% and much lower for those who achieved an advanced degree.

Those who elected not to go to college have also elected to be unemployed.

18 posted on 10/19/2011 5:58:02 PM PDT by trumandogz (In Rick Perry's Nanny State, the state will drive your kids to the dentist at tax payer expense)
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To: conservaterian

I know many PhDs in science and engineering (me included).

NONE of my associates is an athiest.

There is truth in the statement that science must necessarily look for reasoning that does not require a supreme being. It must be this way, else serious problems lurk in the boundary points.

However, not requiring God in an equation is not proof that God does not exist.

Never has.

Never will.

And those that claim otherwise might just had cheated on their Logic 101 course.


19 posted on 10/19/2011 5:59:32 PM PDT by Da Coyote
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To: Rudder

Big whoop at least you have a job for now Big Ass.


20 posted on 10/19/2011 6:00:42 PM PDT by fatima (Free Hugs Today:))
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