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Even if one doesn't hope to start their own company, a college degree's value is mostly in its sheepskin effect. Forgive me for not citing sources, but I've rea
by dereg 14y ago
Even if one doesn't hope to start their own company, a college degree's value is mostly in its sheepskin effect. Forgive me for not citing sources, but I've read polls that suggest that up to 63% of college graduates are in jobs that don't even require a post-secondary education.
- codeonfire 14y ago>a college degree's value is mostly in its sheepskin effect Then how do you explain the mathematical maturity effect that most STEM students go through in a four year program. http://en.wikipedia.org/wiki/Mathematical_maturity http://en.wikipedia.org/wiki/Mathematical_maturity There are industries for which it would be impossible to innovate or even participate without this, and it's unlikely someone will develop this on their own time.
- dereg 14y agoYour post doesn't address not debunk the sheepskin effect, which is the observed phenomena where, among people with equal years of education, a person with a degree is paid much more than a person without. I don't think you're incorrect about mathematical maturity, but we should tie it into the theme of the thread here: the returns to a college education. In technical fields, college is akin to job training. Consequently, it's not surprising that engineering degrees have the highest out-of-college return. This is unlike obtaining a degree in the liberal arts, where the on-the-job training supersedes the importance of a college education.