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College Degrees Aren't Becoming More Valuable
Forbes ^ | April 21, 2014 | George Leef

Posted on 04/22/2014 9:11:31 AM PDT by reaganaut1

Every time a new study comes out regarding the “payoff” from college, I wonder: Will this finally be the one that takes note of widespread underemployment among recent grads and comprehends the impact of credential inflation?

In February, Pew Research released a study on the effects of college but the instant I saw the title, I was sure that this would not be one that broke out of the usual “college is a great investment” model. That study, “The Rising Cost of Not Going to College,” actually moves further in the wrong direction by telling people that those who don’t go to college are penalizing themselves.

The many “college is a great investment” papers present statistics showing that, on average, individuals who have college educations earn more than do people without them. They left the conclusion, “If you aren’t planning on college, you really should,” implicit.

Pew, however, makes that explicit. “If you don’t go to college, you’ll lose out big time” is the message it sends.

What makes that message particularly distressing is the fact that more and more young Americans who have their college degrees are unable to find jobs they couldn’t have gotten straight out of high school—or maybe even while still in high school. They’re often struggling with large college debts. And yet this study tells them that going to college is more important than ever.

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


TOPICS: Culture/Society
KEYWORDS: college; education; georgeleef
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To: reaganaut1

It all depends what your degree is in. A degree in African American or women’s studies is worthless, while a degree in engineering will land you a good job.


21 posted on 04/22/2014 9:39:27 AM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: reaganaut1

Lower standards (including identity studies) and more financial aid means more people with college degrees who are, well, stupid. Plus, Obamanomics. However, having a college degree gives you a better chance at getting a job than not having one.

http://www.mybudget360.com/wp-content/uploads/2009/09/college-unemployment.png

Of course, you’re in a ton of debt when you’re finished and salaries are horrible.


22 posted on 04/22/2014 9:39:29 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: cuban leaf

The only thing a liberal arts college degree is worth is the box on the job application that says college degree.

Basically kids are going into debt for $100,000 so they can potentially get an interview.


23 posted on 04/22/2014 9:40:35 AM PDT by EQAndyBuzz ("Heck of a reset there, Hillary")
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To: reaganaut1

The entire education system is just a vehicle for funding billions of dollars to liberals who would starve to death if they actually had to work to support themselves.


24 posted on 04/22/2014 9:40:48 AM PDT by Fido969 (What's sad is most)
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To: freedumb2003

If all you do is programming, I would agree.

However to me, a “programmer” does much more than just code...They are a business analyst, project manager, and subject matter expert as well. If you can’t do those things as well, then yes, your prospects will not be very good over time.


25 posted on 04/22/2014 9:41:27 AM PDT by dfwgator
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To: skeeter

And they do. I’m starting a PhD program next semester, and they have every intention of making a Marxist out of me.


26 posted on 04/22/2014 9:41:34 AM PDT by demshateGod (The fool hath said in his heart, There is no God.)
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To: dfwgator

>>However to me, a “programmer” does much more than just code...They are a business analyst, project manager, and subject matter expert as well. If you can’t do those things as well, then yes, your prospects will not be very good over time.<<

You are describing an analyst. Programming is just slinging code. In the industry that distinction is critical.

Programmers say “I write programs.” Analysts say “I develop solutions.”

It is terminology but it is an important distinction. I 100% guarantee that when I see a resume that features programming it goes in the bit bucket...


27 posted on 04/22/2014 9:48:07 AM PDT by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
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To: demshateGod

>> I’m starting a PhD program next semester, and they have every intention of making a Marxist out of me.<<

Your job: make Capitalists out of them.


28 posted on 04/22/2014 9:49:38 AM PDT by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
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To: cuban leaf
A person can go to computer school and learn C#, Java, MVC4 etc. and, if they have the aptitude for it, within a few years be looking at a comfortable six figure income.

A "computer school?" What exactly is that?

And I would argue, there's a big difference between "learning" a language, and understanding software design and architecture, security, human factors in interfaces, communications' skills, data architecture, software optimzation, etc.

My point is, don't confuse "writing code" with designing well-functioning software. A four-year degree in CS, MIS, and other engineering disciplines typically demands more from its students than they would from a 12- or 18-month program. The "computer schools" you refer to typically focus on a hot language or skill (Java, MS certification, etc.), and many students can't make the leap if they're exposed to something else.

I would bet that a lot of the people that worked on the HeathCare.gov site only went to "computer schools."

29 posted on 04/22/2014 9:51:15 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: reaganaut1

Value of a “degree” varies given market conditions.
Value of “education”....priceless.


30 posted on 04/22/2014 9:52:11 AM PDT by Ouchthatonehurt ("When you're going through hell, keep going." - Sir Winston Churchill)
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To: freedumb2003

Programmers are basically fungible. There really is no future in it today.


That’s why I said, “if you’ve got the aptitude”. The developers on my team are well paid because they are smart guys that know what they are doing. It has true value and they are paid well for it.


31 posted on 04/22/2014 9:53:44 AM PDT by cuban leaf
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To: EQAndyBuzz

The only thing a liberal arts college degree is worth is the box on the job application that says college degree.

Basically kids are going into debt for $100,000 so they can potentially get an interview.


That is exactly how I see it. You encapsulated it well.


32 posted on 04/22/2014 9:54:27 AM PDT by cuban leaf
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To: 17th Miss Regt
If the price of college keeps going up even STEM degrees will become uneconomical.

So we will clandestinely take to educating ourselves in underground 'STEM cells'.

HA! HA! HA! HA! See what I did there?

33 posted on 04/22/2014 9:55:49 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: reaganaut1

You’d be better off learning a high demand trade.


34 posted on 04/22/2014 10:00:44 AM PDT by Old Yeller (In Latin, the word sinister means left. Which is appropriate for left-wingers.)
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To: reaganaut1

Employers need to get a clue and take a lesson from Rosie the Riveter.

Most reasonably intelligent people can be trained to do most jobs. And to do them rather well.


35 posted on 04/22/2014 10:09:42 AM PDT by Buckeye McFrog
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To: Fido969

College...it’s the new high school.


36 posted on 04/22/2014 10:15:38 AM PDT by dogcaller
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To: freedumb2003

And we, as a society, should applaud tradesmen as strongly as we do College Degrees.”

So agree. But we, as a society, seem to put the “dirty hands jobs” in the same category as Bible tottin’, gun carryin’, small government advocates.

Friend’s son finished a two year electrician’s program offered at a four year college five years ago. Started his own company two years ago. Has four employees now, all have new trucks, has huge home, two new babies and his wife handles their business affairs. Totally debt free. Took and continues to take a lot of hours but he loves it.


37 posted on 04/22/2014 10:21:30 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Buckeye McFrog

I was a high school dropout who ended up as a paint room foreman with the responsibility to maintain, program and operate robotics.

All it took was an interest and a willingness to learn.


38 posted on 04/22/2014 10:22:25 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Grams A

Yes, and what we have become is the Elitist States of America, where having no college degree makes you a stoopid hillbilly inbred non-person. The plumbers and electricians can laugh all the way to the bank.


39 posted on 04/22/2014 10:23:54 AM PDT by hulagirl (Mother Theresa was right)
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To: cripplecreek

>>All it took was an interest and a willingness to learn.<<

It is sadly amazing how rare those qualities are.


40 posted on 04/22/2014 10:25:23 AM PDT by freedumb2003 (Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
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