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There's got to be a point where prices are high enough and job prospects are poor enough that people will finally start questioning the "get a degree" wisdom.
by nsxwolf 11y ago
There's got to be a point where prices are high enough and job prospects are poor enough that people will finally start questioning the "get a degree" wisdom.
- rustynails77 11y agoI don't discount this theory, i've wondered it myself a few times in recent years. However, i'm not sure of the data to back that theory. The article itself says that the job situation has improved in the US. The question is around the opportunities that open and close based on having a degree (eg. over qualification vs under qualification vs expectation). It also mentions that the data is from 0.1% of students. While that's still a fair number, there's room for error.
- jseliger 11y agoExactly. Also, I don't have a source for this off the top of my head, but from what I've read most of the crisis in loan repayments comes from people who don't graduate. Starting but not graduating may be the most perfidious outcome. In addition, "college" doesn't make much sense as a category of discussion, because "college" is so many different things. I've been writing as much for years: http://jakeseliger.com/2012/12/15/college-william-deresiewiczs-tsunami-and-better-ways-of-thinking-about-university-costs/ http://jakeseliger.com/2012/12/15/college-william-deresiewic... and doing so mostly futilely, it seems.