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For 1,000 years, parents have bought B.A. degrees for their kids as positional goods: "My son, the college man." But a B.A. no longer provides positional status
by alexmat 10y ago
For 1,000 years, parents have bought B.A. degrees for their kids as positional goods: "My son, the college man." But a B.A. no longer provides positional status. There are too many people who possess one.
Certification protects many careers: barrier to entry. It does not provide entrepreneurial skills. It provides bureaucratic skills. These will be worth less and less in the digital age.
- WildUtah 10y agoEvidence says that bureaucratic skills have become more and more valuable in the digital age. Fewer and fewer good jobs are available for qualified skilled people and more and more reward licenses, certifications, and connections.
- alexmat 10y agoAs long as government spending and subsides are able to sustain them.