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There's a slight problem with the labor force such that if you let people select their own major, there are currently about twice as many state-U education majo
by VLM 9y ago
There's a slight problem with the labor force such that if you let people select their own major, there are currently about twice as many state-U education major grads as there are K12 openings per year, at least in my state. This is why you can hire a newly graduated teacher for $17K/yr while still turning away all but the upper half of applicants.
Of course you could only fund the re-education of certain job fields, centrally controlled economy style, but that never worked well for the Soviets and you'd likely end up with political goals like flooding the programming market with really bad programmers who none the less work for $7.25/hr (or less) because of the "shortage". It might be possible to actually destroy economic sectors by flooding them with unqualified people. Would you go to the hospital if you knew the doctors were intentionally uneducated?
The problem with re education is it isn't likely to be any more successful in the long run than non-re education. Its the same people with the same brainpower operating off the same observed signals. If a quarter of the population was improperly educated the last time they went to school, the result of re-education is virtually certain to be a quarter of the population being differently improperly educated. Its sort of like handing out money to rebuild housing in flood plains, you know you're just going to be handing out more money to the same people in a couple years.