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Education The Almighty Buck United States

Too Many College Graduates? 1138

The AP reports on a growing sense among policy wonks that too many Americans are going to four-year colleges, to the detriment of society as a whole: "The more money states spend on higher education, the less the economy grows." "The notion that a four-year degree is essential for real success is being challenged by a growing number of economists, policy analysts, and academics. They say more Americans should consider other options, such as technical training or two-year schools, which have been embraced in Europe for decades. As evidence, experts cite rising student debt, stagnant graduation rates, and a struggling job market flooded with overqualified degree-holders. ... The average student debt load in 2008 was $23,200 — a nearly $5,000 increase over five years. Two-thirds of students graduating from four-year schools owe money on student loans. ... [A university economist said,] 'If people want to go out and get a master's degree in history and then cut down trees for a living, that's fine. But I don't think the public should be subsidizing it.'"
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Too Many College Graduates?

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  • by Gary W. Longsine ( 124661 ) on Friday May 14, 2010 @01:28PM (#32209396) Homepage Journal
    The more education people have, the less likely they are to "believe" in "trickle down" economics. I haven't looked into this, yet, but it's a safe bet that the same economists backing this crackpot assertion that a random correlation is causative also propagate the lie of the Efficient Market Hypothesis.
  • Technical schools? (Score:5, Interesting)

    by joeflies ( 529536 ) on Friday May 14, 2010 @01:28PM (#32209424)

    Where are these technical schools that the economists refer to?

    The simple fact of the matter is that after decades of short sighted budget cuts, the US education system is geared for college prep, whether you want to go or not. The vocational classes have been slowly cut out of the system, usually perceived as expendable programs. School administrators realized long ago that they can't improve the ranking of their school by having the best automotive class - the only thing that counts is English & Math scores, so why bother fund anything else?

    In other countries, you make a choice on whether you choose to learn a trade or go to college, and then spend your high school years towards that goal. The repercussion for the US system is that students who are interested in a trade aren't being educated towards their dreams, and spend their time in school either frustrated or years behind.

    The whole concept of "No Child Left Behind" only works when there is an unlimited budget, and it presses everyone to a standardized education that may not actually help serve them towards what they really want to do in life. Instead of trying to get every child the same cookie cutter education, we'd be far better off giving more specialized education (whether it's vocational or college prep) by the high school level, help them take advantage of the skills they have, remove the blue collar stigma of trade work, and stop trying to make every kid be a perfect college graduate that the state wants them to be.

  • by Khisanth Magus ( 1090101 ) on Friday May 14, 2010 @01:32PM (#32209498)
    You can also thank Wal Mart for their contributions for ruining the US economy.
  • by Bicx ( 1042846 ) on Friday May 14, 2010 @01:32PM (#32209500)
    I got a job as a software developer at a large Fortune 500 company about a year ago. It's more or less a financial institution, but the need for software developers is high. In this company, developers are treated more like business partners rather than IT grunts, and that's mostly due to the fact that we are so influential in determining how the business is run. Even though we primarily develop software, we have to know the business in and out in order to function.

    With that said, I have a 4-year degree in Computer Science. Having the degree was definitely key to getting a job in my case, since I was a raw graduate when they hired me. However, I've learned that experience in the field is by far the preferred rating factor. There are guys on my team working along side me who have 4-year degrees in Business Management and even English, but they happened to gain some (5+ years) programming experience somewhere along the way. There's also a new guy who got his 2-year degree from a local community college. That's okay, but his real selling point was the amount of experience he had, which he gained while I was finishing up the other half of my education.

    In a way, this annoys me, because I'd really like to think that my degree choice sets me apart from people who made different choices. I guess if I chose to work for an actual software business or found a job that utilized more advanced CS techniques, I might have the upper hand. However, in the real world where software usually plays a support role, I have to come to terms with my place in the business world. In another respect, the possibility of gaining experience in another field and being able to potentially change career paths without getting a new degree (within reason) is a rather freeing thought.
  • by EggyToast ( 858951 ) on Friday May 14, 2010 @01:34PM (#32209540) Homepage
    Well, ignoring the cost of the (apparently private) school you went to, since many public universities offer CS programs, should a CS program teach you the details of a language? Or should it teach you overall concepts about computer science? I mean, truly, you went for a Computer Science degree, not a Computer Programming degree (arguably that would be a cert, not a degree, and be cheaper and shorter as well).
    I think the best programmers are those who are motivated to self-teach, because it shows that they really love programming. But I also think there is important stuff taught in computer science classes. It might not be for everyone, but I think it can turn people who just write code without thinking about what actually happens with what they write into better programmers.
  • by Monkeedude1212 ( 1560403 ) on Friday May 14, 2010 @01:38PM (#32209624) Journal

    I think the problem lies in that more and more people are going to college, because getting a higher education usually means a better job, because people don't want to be working the minimum wage jobs, or they don't aspire to be a lumberjack, or they don't want to work on an oil rig, or they don't want to be a trucker.

    It's because the society has grown to glorify jobs that require an education, that now nobody wants the jobs that don't require an education. Go figure.

    It's not that there's too many college graduates, its that some college graduates won't end up in the job markets they trained for. So don't be surprised if your CS degree lands you in construction for a year till a job opens up.

  • by thepike ( 1781582 ) on Friday May 14, 2010 @01:39PM (#32209646)

    There really isn't much use for a bachelors in many fields except to please hiring managers who think you must be pig ignorant and stupid if you don't have one.

    I think that's half the problem. People get passed over for jobs they are qualified for just because hr departments throw out all the applicants who don't have a degree, even in an unrelated field. It makes it so that these people do essentially 'have to' go to college to get jobs, even though they'll get all the training they need on the job.

    Personally (as a person working on a PhD in science) I don't think a lot of people need to be going to college. I grew up in a car town, and a lot of my friends knew they were going to be doing manufacturing, but they went to college anyway. A bunch of them (well some, manufacturing jobs aren't so plentiful these days) did just go on to work in the plants, but they racked up huge debt that is just stopping them from being able to do things like afford a nice place to live. And they didn't get much out of college except alcohol tolerance. No joke, I know one guy who took out an $8,000 student loan basically to spend at bars. Now he has a degree in something or another, but spends his days inserting tab a into slot b so that he can pay off that debt. If he had just gone to work in the first place, he'd be doing the same job and have more money. And he could still go to bars.

    The whole education system upsets me. I think we're failing in so many places it's hard to figure out where to start trying to fix it. I'm not saying you can't get anything out of it, but that comes much more from personal motivation than any basic qualities of the set up.

  • by ciggieposeur ( 715798 ) on Friday May 14, 2010 @01:40PM (#32209664)

    Employers started raising the bar on a living wage a long time ago. From "high school diploma" to "some college" and now "four year degree" are bare minimums just to get the resume past HR into the manager's hands. Hell, we just hired people with four year degrees into operator apprentice slots. I know a professional welder working on a BA on the side just so that he can't be fired for NOT having a degree.

    And all that debt, gee employers really LOVE them some college debt. They know their new hires won't be striking out on their own to compete with them anytime soon. Same logic for why Silicon Valley corps love them their H1-Bs.

    You want two-year schools to come back, find some freaking employers willing to hire the graduates.

  • by dave562 ( 969951 ) on Friday May 14, 2010 @01:42PM (#32209708) Journal

    What do you think about your potential for advancement due to your degree? I'm in the unenviable position of doing what you wish you had done. Other than a couple Novell CNA classes I took in high school, and a couple of MCP/MCSE classes that I have taken since, I'm completely self taught. Despite fifteen years of experience in IT and a resume filled with major accomplishments, I've had a really hard time getting adequate compensation and advance opportunities.

  • Re:Ok, but (Score:3, Interesting)

    by Snowblindeye ( 1085701 ) on Friday May 14, 2010 @01:48PM (#32209824)

    "technical training or two-year schools, which have been embraced in Europe for decades."

    Telling Americans to do something because Europe's been doing it is a lot like telling a 5-year-old not to go near the cookie jar.

    They are also omitting the fact that Europe has meaningful alternatives to universities, with apprenticeships in the dual education system [wikipedia.org]. I've often felt that that's whats lacking in the US.

  • by arose ( 644256 ) on Friday May 14, 2010 @01:54PM (#32209962)

    I have a high school diploma from over 20 years ago.

    That voids the rest of your post. To show competency by working you have to a actually be able to get into a job that lets you do that. You could do it 20 years ago, these days its a crapshot. Few, if any, places will hire you for a job that lets you demonstrate any competence without experience or a degree and since the only way to get that experience is to get the job in the first place...

  • by phantomfive ( 622387 ) on Friday May 14, 2010 @01:55PM (#32209980) Journal
    Yeah, if you think C# was better than anything you learned in college, I'm going to have to agree with you and say you didn't learn anything either. In most decent CS programs, they don't teach programming languages (except maybe in the entry level class) because they are simple to learn compared to the more complex stuff they teach in a CS degree. If you didn't learn all that stuff, you were wasting your money.

    Businesses require it because it establishes a minimum level of competency. It shows that at least one time in your life you were capable of finishing something without quitting, even though it wasn't always fun. It shows you have a basic level of reading and writing capability. That is worth something.

    Just a quick anecdote: we once hired a programmer who didn't have a degree, because he seemed really smart. And he was, he got a lot done. But then we had a big project (not too big, four months or so), and crunch time came along, and he couldn't handle it. He said he felt miserable, so he quit. Had he gone through college, he would have had a lot of experience dealing with crunch time, managing projects that got out of control etc. So college is definitely worth something.
  • by Orga ( 1720130 ) on Friday May 14, 2010 @01:59PM (#32210064)
    Sorry but my parents sent me to school with the understanding that I was there to meet people and get an "education" second. You're sent to expensive schools because wealthier people send their kids there and we all know wealth travels the generations in the majority of cases. At best College will teach you to learn better and in different ways. If you want real world skills then some night classes and technical schools would be best. 4 year institutions are about relationships not sciences based ona rational world.
  • by commodore64_love ( 1445365 ) on Friday May 14, 2010 @02:02PM (#32210116) Journal

    >>>roaring econom

    In 1946 the stock market DOW Index (~150) was still lower than 1929 (~300). We were still in the middle of a ~20 year long recession which I would not describe as a "roaring" economy.

    It's also a myth that war boosts an economy. It helps employ people, but it's the equivalent of building millions of cars and then blowing them up. Or taking billions of dollars and burning them. It's non-productive and drains a country of resources/materials/money.

  • Re:Ok, but (Score:1, Interesting)

    by redtuxrising ( 1258534 ) on Friday May 14, 2010 @02:06PM (#32210198)
    Not sure about Europe, but in former USSR republics a 4 year degree is considered "incomplete". That is for your higher education to be complete it has to be a Masters degree. My Soviet friends shall correct if I'm wrong here. Now my 2 cents on the whole "too many college graduates" thing: nonsense! We need more education as well as better education (better education necessarily excludes institutions like Patrick Henry College). At the very least people must learn how to learn. For some it comes naturally. Some get a fair grasp on learning in highschool. Some attain it in college along with more knowledge and some vocational training (definite pluses in my book). At every step a level of ignorance is shed and that is what is important. Increased employability is only secondary here.
  • Re:Ok, but (Score:2, Interesting)

    by Anonymous Coward on Friday May 14, 2010 @02:08PM (#32210242)

    If those people were actually educated and qualified to do anything, they'd be doing something. Instead, they're living with their parents, collecting unemployment and bitching about the recession.

    We've got a bunch of idiots with slips of paper claiming to be qualified, not an overabundance of educated and competent workers.

  • by Daniel Dvorkin ( 106857 ) * on Friday May 14, 2010 @02:10PM (#32210282) Homepage Journal

    He didn't say there should be limits on education. He said that there should be limits on how much education the Government will subsidize.

    Lots of people say that kind of thing. Why did this guy's statement get reported? Probably because he's a professor of economics ... at a state-supported school, and who most likely got his own education with various types of government assistance. Yeah, I'd say "fuck you with a chainsaw" is pretty much an appropriate response. People who want to pull the ladder up after themselves are scum.

  • by MagikSlinger ( 259969 ) on Friday May 14, 2010 @02:12PM (#32210320) Homepage Journal

    I think the problem is that companies wanted interchangeable people that they could hire & fire at will. In the "good old days" (with overt racism, sexism and red meat), you went to work at a company, they taught you what you needed to know, you worked for the company until you retired.

    Now, it's we need someone who can do X right now! then drop them 8 months from now. The time spent training the worker is now wasted money from the employer's point of view. And you know, 2-year vocational/business schools are nice, but really, most corporations have very unique skills that no formal school could ever teach.

    My solution: every job is on-the-job training. Then, if the employee leaves early or is let go early, the lost hours can be returned as a non-refundable tax credit. The non-refundable part discourages companies from just hiring someone, claim to train them for 6 months then fire them for quick cash.

    For more complex jobs, university/college prepares you with basic knowledge for the first 2 years then you can go work with on-the-job training then take the remainder of the courses you want to finish your degree if that's what you want.

  • by Anonymous Coward on Friday May 14, 2010 @02:13PM (#32210350)

    An Associates degree is already worthless; it says "I went to college, but dropped out after it got too hard."

    Actually, mine says, "I grew up poor and worked hard to get a state tuition incentive to pay my way through college. I'm also smart enough not to go into debt for this crap."

  • by MBGMorden ( 803437 ) on Friday May 14, 2010 @02:14PM (#32210364)

    that Jesus will return within their lifetimes (which fosters a lack of work ethic, since they think God is coming to take away their problems soon)

    That certainly sounds familiar. Growing up in the Bible Belt (and before anyone accuses me of not being familiar with religion - I went to church nearly every Sunday from birth to the age of 18. In that span I may have missed a dozen services tops), I heard "I choose to store my treasures in Heaven rather than on Earth." until I was sick. It fostered an attitude that they shouldn't even bother worrying about life now because this is just a blip.

    And our preacher was absolutely convinced that rather than being about research, NASA's space program was REALLY them trying to find an alternate way into Heaven so that they could avoid "serving da Lord".

    Overall though, yes, my story largely mimics your own.

  • Re:Ok, but (Score:5, Interesting)

    by rutledjw ( 447990 ) on Friday May 14, 2010 @02:18PM (#32210452) Homepage

    The article is of dubious value, but you have some interesting points. I don't think we suffer from an "Overabundance of qualified, educated people". I'm risking getting blasted here, BUT, I think we have an overabundance of mediocre people with a degree. The difference is that we're producing fewer and fewer people with degrees in science and technology fields and more people with degrees which have little direct applicability in the workforce. Further, we're "forcing" people into 4 year programs who have more potential in vocational-type programs.

    And I'm NOT being condescending regarding vocational programs. There's talent, skill, and dedication required for those jobs which I do NOT possess. I am a menace with any kind of carpentry tool and when doing anything an electrician probably should have touched live wires (120v, thankfully) more often than I'd like to remember.

    But I absolutely agree with your point that we're falling behind in the US. We've been content to let other people do the "hard work" and encouraged many of our smartest and most talented people to pursue "quick-and-easy" money in areas like the financial industry to the ultimate detriment of other industries. This is anecdotal to a degree, but as a hiring manager, it was VERY difficult to find people of reasonable intelligence and talent. A friend who's a recruiter runs into similar problems finding programmers in SF for the rates companies are willing to pay. Yes, the bay area is expensive, but the salaries offered were reasonable for what I considered mid-tier and lower-end senior folks. The company was very flexible (including allowing varying degrees of remote work). Still he has a tremendous ongoing challenge to find, and place (before they get snatched) good people

    The bottom line is that we need to encourage people to get education in areas where they can succeed AND which are in demand by the market. If someone wants to get a degree in a field not in demand, that's their business, but I don't think merely "getting a degree" should be the end goal nor encouraged.

  • Re:Ok, but (Score:5, Interesting)

    by TooMuchToDo ( 882796 ) on Friday May 14, 2010 @02:26PM (#32210582)
    I completely agree. If you're an employer and demanding a degree for a job, you should be required to contribute to a national education fund. Clearly, you wouldn't want to pay into this fund if you didn't need the employee to have the skill set, so you wouldn't require it if you didn't need it. This fixes the problem of the employer shoving non-essential education costs on employees (inflating the cost of education due to supply/demand, taking money that would've been spent on other things and put into an "education", and so forth).

    I say this as a business owner with no education over a GED (tech solutions consulting firm). My job postings always ask for experience or demonstrated knowledge, never a degree.

  • by MallocFork ( 738134 ) on Friday May 14, 2010 @02:29PM (#32210618)

    To do best service to society, we have to up the standards. We have to give up the crap we allow to pass along. The stories of what "smart" college students get away with is frightening. In my immediate family I have members that have taught in either upper crust high school, two big state schools and an Ivy League university so I have a real idea of how bad things are.

    Entitlement has destroyed most high school top tracks and college. Students do not have to work hard enough. If high school and undergraduate degrees were worth more than toilet paper, society could benefit. I though my undergraduate and masters computer science should have been harder. And it has only gotten worse in the 10 years since.

    They need to first fix high school. If people would just learn that no matter how hard you try to do crap like No Child Left Behind, there are just going to be a good number of people that just can not reach true college tier. If they would stop feeding the bullshit that everyone can and has a right to go we can move forward with creating college degree programs that are worth the parchment they are printed on.

  • by Locke2005 ( 849178 ) on Friday May 14, 2010 @02:34PM (#32210698)
    I thought the purpose of college was to spend 4 years drinking beer and getting laid... at least that's what my fraternity brothers led me to believe!
  • Dumbed Down (Score:2, Interesting)

    by ChiRaven ( 800537 ) on Friday May 14, 2010 @02:42PM (#32210814) Journal
    Even the college curriculum is getting weaker all the time. I teach statistics, and a couple of years ago the program director I worked for told me point blank that it was not important that my students know what the variance or standard deviation of a distribution weere; what was important was that they get grades good enough that they got reimbursed by their employers so they would stay in school and eventually qualify for the school's masters degree program.

    The math program throughout our undergraduate program is slipping. A few years ago, candidates for all four-year degrees had to have basic algebra (the equivalent of a high school freshman course) plus one "liberal arts math" course beyond that. Now that requirement has been dropped. Most degrees no longer require that additional course, and some no longer even require algebra.
  • Not so simple. (Score:3, Interesting)

    by MaWeiTao ( 908546 ) on Friday May 14, 2010 @02:43PM (#32210842)

    There are certainly a ton of economic forces out there driving this shift. I do think one important one is social. Society demeans people who work at McDonalds or Walmart. Anyone who watches television sees some celebrity constantly flaunting their wealth. People are made to feel inadequate if they aren't constantly buying the latest and greatest cars, clothing and toys. People are losers if they aren't out partying every night. We're constantly being told that we should be living extraordinary and unattainable lives. In the face of all this how can anyone tolerate living an average life? With reasonably frugal living a person could live a modest, but comfortable life, own a decent car and their own home. I know quite a few people who have achieved this and a good number of those without even having gone to college.

    But this is not enough for many, maybe most people. These people have a burning desire for more. And I fully admit that I suffer from some of those same feelings. So what's the solution? Go to college. A degree offers the promise, whether it's true or not, of job security and an opportunity at a better life which actually means more income. So people go to college, even when they've got no real skill and no real passion. And this is where you get a lot of these idiots who get these business degrees because, well, it's open-ended enough that it should enable them to land a job almost anywhere. And with today's corporate mentality they're the ones who get promoted first because, well, they have a business degree so they must understand something about running a company. Even when they don't. So we've got this whole class of workers who seem to exist only to protect their own positions.

    There's another significant problem out there: unions. Without question unions, in principle, provide a real value to workers. But unions, as they exist today all over the world, are an unmitigated disaster. All they're doing is strangling our economy making ever more absurd demands. They've turned into as big a business as the corporations they're supposedly fighting. And I'm convinced they're just as responsible as corporate management and the government for driving away jobs. Who wants to risk not going to college and entering an unreliable job market?

    One thing that I find unbelievable is how many people out there have complained about abusive practices on the part of banks issuing college loans and the lack of government intervention and yet nobody seems to be saying a word about the universities themselves. Universities are among the most inefficiently run entities out there who like the government and raising taxes the solution to their problems is always raising tuition. It's obscene what universities charge for tuition and yet nobody complains. There's nobody fighting to force colleges to keep spending under control and bring down the cost of education. It's no wonder so many people end up buried under student debt.

    I could go on and on. There are countless problems facing American workers. Although while European nations were smart to embrace trade schools they're not necessarily the solution either. Europe is facing just as many problems as we are. I have first-hand knowledge of people, with both college and trade school degrees struggling to find a job related to their field. This is definitely a complicated problem and while I agree that there are probably more people going to college than need to there currently aren't many compelling alternatives.

  • by COMON$ ( 806135 ) on Friday May 14, 2010 @02:56PM (#32211124) Journal
    I know you are just trying to be funny. Kudos. But it depends on what you are being saved from. Dying, damn straight anyone including Jesus would put a net down there. However, IF you observe pascal's wager, or believe in anything beyond this existence, then death from the lack of your net is the least of your worries.

    What impresses me is people's complete disregard for even considering an afterlife or some kind of transcendence. Considering the length of eternity, you would think people would actually give it some thought.

  • Re:Ok, but (Score:4, Interesting)

    by dkleinsc ( 563838 ) on Friday May 14, 2010 @03:14PM (#32211434) Homepage

    In the US, that same selection process happens all right, but instead of being tied to the child's ability to pass exams it's tied to the child's parent's ability to pay for the child's education.

    It also starts much younger than you think, because the child of wealthy parents will be in a top-notch pre-school that provides that child with a good grounding in basic language and mathematical skills, whereas the child of poor parents will most likely be in a low-quality day care that does little more than keep the kids from dying while the parent(s) work. Even of those children end up going to exactly the same public school system (unlikely - wealthier kids live in wealthier school districts and thus get better school systems), the rich kid will be starting about 1-2 years ahead of the poor kid. His academic ability will be recognized quickly, and as a result they will be tracked into gifted-and-talented programs as quickly as possible, so that by the time he's in 6th grade he's about 3-4 years head of his typical poorer counterpart.

    By the time you get into high school, poorer kids who have demonstrated real academic talent are consistently tracked lower than rich kids who are good students but not particularly outstanding. And for the other poor kids, they are either encouraged to go to vocational schools, or (much more likely) ignored until they drop out of school.

  • Re:Ok, but (Score:3, Interesting)

    by ffreeloader ( 1105115 ) on Friday May 14, 2010 @03:23PM (#32211552) Journal

    The article is of dubious value, but you have some interesting points. I don't think we suffer from an "Overabundance of qualified, educated people". I'm risking getting blasted here, BUT, I think we have an overabundance of mediocre people with a degree.

    I think you're mostly correct. One of the reasons we have an overabundance of mediocre people with a degree is the sense of entitlement that we have engendered into our society in the last 30 years or so. That leads to an abundance of cheating and the lack of a real work ethic. Kids grow up thinking they deserve a big wage for doing nothing as they are given everything instead of their parents making them work for what they get.

    The above leads directly to a lot of people with degrees being nothing more than mediocre workers, at best. This is a direct effect of the liberal philosophies of no discipline and and me, me, me, along with the idea that the government owes us a living.

  • Re:Supply and demand (Score:5, Interesting)

    by Hatta ( 162192 ) on Friday May 14, 2010 @03:33PM (#32211752) Journal

    The only thing we have a dearth of is free time. Instead of focusing on making more, lets take the time we would have used to produce excess and enjoy life instead. If we have too many people and not enough work, distribute the work around equitably. We could all work 20 hour weeks if our society weren't so focused on production as the only measure of value.

  • by Anonymous Coward on Friday May 14, 2010 @03:33PM (#32211764)

    I actually went to college for 2 years before I quit going. I went for Computer Programming, had the teachers back then actually tell me I was ahead of the college in it.

    I never actually graduated, you want to know why? Cause I sucked at Spanish. Yep, you heard me right, I had to learn a foreign language as part of my computer programming curriculum to get a degree and I sucked bad enough at english, let alone another language. Their desire for a "Well-Rounded" education is a farce and holds many back needlessly. Honest, why do I have to learn another language to sit down at a computer and program in english or assembler. I grew up being very good at math and science (Was in the 97% and 99% percentiles on the national exams when I was graduating highschool), but never did well in language classes.

    So tell me how I wasn't listening in school when I would study as much as I could and still not be good at a subject I never actually wanted to take and had nothing to do with what I was actually good at. In high-school I went through Algebra I, Algebra II, Algebra/Trig Honors, Pre-Calculus, AP-Calculus, Discrete Math Honors, Computer Programming/Math 1 and Computer Programming/Math 2 only to get held up in college because I can't speak another language too well.

  • by Animats ( 122034 ) on Friday May 14, 2010 @03:44PM (#32211968) Homepage

    That article is worth a read. The elephant in the room is that real income per hour worked in the US peaked in 1973. Real income per capita doubled from 1947 to 1973; it's only gone up 20% since then, and that gain is only because there are more two-income families and longer hours.

    Think about that. All the progress since 1973, and there's no payoff. Nobody talks about that much. Until the 1970s, annual improvements in per-capital real median income were trumpeted in the press. Today, it's tough to find those numbers in Department of Labor tables.

    Until the 1980s, the US had very few homeless people. Now that's accepted as normal.

    There's an illusion that things are getting better, because one of the classic measures is whether income is increasing for an individual. Income increases with age, but today's thirtysomething makes less than the thirtysomething of twenty years ago.

    So doing better with your life requires getting ahead of someone else. That's where a college education comes in. It's not so much the useful skills; it's a product differentiator for people.

  • Re:Ok, but (Score:3, Interesting)

    by Sancho ( 17056 ) * on Friday May 14, 2010 @04:34PM (#32212694) Homepage

    I also strongly disagree with his point and I'll explain why: If a society finds itself with an overabundance of qualified, educated people, the correct response is not to try and cut down on the overabundance, but to start doing more interesting things.

    I'm guessing you aren't in the educational sector, and haven't been for some time.

    College is a joke these days. The students have serious entitlement complexes and professors have been worn down by their demands to the point where they'll give in most of the time. Or, if the professor sticks to their guns, they'll retire early (for multiple reasons--one, their classes don't fill up due to the perception of them being a bad teacher, or two, they simply can't take it anymore.) This has been an ongoing and increasing trend for at least the past 15 years at least.

    I graduated with a computer science degree 10 years ago from a state school. Most of the people in my class couldn't program their way out of a paper bag, and forget about understanding classical computer science (which is mostly math, anyway.) They copied off of each other, begged the teachers for grades, made up excuses for their late and shoddy work, and ended up passing.

    These days, the kids barely show up to class unless there are attendance points. When they do show up, they play on their cell phones. They demand class notes and complain to the department head when they don't get them (even if there are none available.) They also complain if you demand that they know anything that's not in the book. It's really sickening.

    No, the truth is that we have too many college graduates because too many professors pass students who have no business even being there. That means that we don't have a surplus of educated people, but a bunch of people lowering the bar for everyone. But the article gets one thing right--I sure as hell don't want to be paying for these wastes of flesh to be getting degrees.

  • Re:huh? (Score:3, Interesting)

    by NeutronCowboy ( 896098 ) on Friday May 14, 2010 @05:03PM (#32213134)

    Here are two I like to pull out: wage disparity and longevity. One is generally thought to indicate how egalitarian a society is, and the other how good the quality of life is. In both, the US shows some disturbing data.

    For wage disparity, Wikipedia has an interesting world map from the World CIA Factbook of 2009: http://en.wikipedia.org/wiki/File:Gini_Coefficient_World_CIA_Report_2009.png [wikipedia.org] The US ranks above Russia in its GINI coefficient, and with China, Venezuela and Madascar. Even Greenspan thought that this level of wage disparity is disturbing.

    For life expectancy, see again the CIA world factbook for 2009: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2102rank.html [cia.gov]. The US ranks 49th, below any EU country except Poland. Heck, Ireland scores higher.

    Both are areas where Americans like to beat their chests, and both are areas where the US not only fails, but is on a level with countries that Americans consider ignorant and authoritarian backwaters.

  • Re:Ok, but (Score:4, Interesting)

    by Zordak ( 123132 ) on Friday May 14, 2010 @05:06PM (#32213172) Homepage Journal

    This really isn't true. I live on a comfortable upper-middle-class income. My wife stays home with the kids, so they don't get sent to day care. Our oldest daughter went to a sort of neighborhood pre-school where the moms just took turns teaching the group. She was never in GT Kindergarten (seriously---why do we need GT Kindergarten?) But she's in third grade now, and she's one of the best students in her class. She's well ahead of some of the kids who got shoved into "top-notch" pre-schools when they should have just been playing with toys.

    Our second daughter didn't go to any pre-school. She didn't want to, and we didn't see any reason to force a four-year-old to do it. But she had a lousy Kindergarten teacher who basically assumed that all the kids had gone to pre-school (which meant she didn't have to teach---just "review" what they're already supposed to know, and then shove worksheets at them). She treated our daughter like she was dumb because we had dared to let her just be a little kid, and that shot her confidence. We spent the whole year basically trying to mitigate the damage formal education was doing to both her emotional and intellectual development. That year, she learned despite her schooling, not because of it. Then this year she's had a really good first grade teacher, and like the older one, she's pretty much caught up with her friends who went to "top notch" pre schools.

    This "get an early start" mentality is stupid. Kids that little don't need to be learning vector calculus. They need to be playing. Sure, teach them things while they play. Our youngest son likes to watch the Leapfrog alphabet video, and then he'll find the letters on his alphabet puzzle and tell us what sound they make. We're even thinking about letting him join a little twice-a-week pre-school this fall, but only because he seemed to really enjoy it when we checked it out. We don't stress him about academics. He's going to have plenty of academic stress the rest of his life. No point in starting it early.

    Basically, this mad rush for early academic excellence is a way for people to feel a vicarious sense of achievement at their children's expense. It's stupid, and it doesn't help the kids. By the time they're in second or third grade, you'd never know which ones went to pre-school and which ones didn't. The ones who are going to excel will excel. The ones who are going to flounder will flounder. The really big difference is not what they were doing when they were three. It's what's going on at home right now.

    If you really want your kids to be successful, let them be kids while they're young, fill your home with lots and lots of books, make education a priority, and spend time with them. Eat dinner together, for crying out loud and then sit down and read with them and help them with homework. Kids who associate reading with spending time with their parents will love books. Kids who do nothing but melt their brains playing video games all afternoon---while Dad surfs porn and Mom gossips on Facebook, and everyone munches on greasy delivery pizza and flat Dr. Pepper---are not going to become the next Stephen Hawking just because they had a year or two of pre-school.

  • by Anonymous Coward on Friday May 14, 2010 @05:08PM (#32213200)

    Did your college education not teach you the difference between socialistic and capitalistic systems? Regulations to discourage monopolies aren't "clearly socialistic." Clearly socialistic would be the state facilitating monopolies and subsuming them under control of its citizens.

    And the GP never constructed the end of civilization scenario that you tried to debunk. In the real world, your scenario breaks down when the poor quality of work (be it psychological or physical) makes the barrier of entry for new garbage firms prohibitively high while dismantling the existing ones. This often happens to particularly crucial services that are difficult--some would say impossible--to privatize, like military, police, or firefighting, and is how most economists see the amalgamation between socialism and capitalism occurring. Of course, there is always the debate over whether or not state control is synonymous with citizen control (ie, over whether this is actually fascism and capitalism, rather than socialism and capitalism), but that's more of a political science debate.

    But your college education told this, already, I'm sure.

  • The rhetoricians need to start treating 100 million dollar salaries as glaring signs of economic inefficiency.

    It is very unlikely that each person earning 100 million in today's economy are actually producing that much more value than the next best candidate (or even, the minimally acceptable alternative candidate, if you want to go that far).

    Um, really? How about someone who's running a company that makes a hundred billion dollars? If they can increase revenue a tenth of a percent more than the next guy, it's worth it for the company to pay them $100 million more, because the gain will be more than the cost. Typically, CEOs are paid less than 0.1% of the company's revenue, although that might be millions of dollars in absolute terms. Stock brokers and so on are similar. They get paid millions because if they do a good job, they're making their customers billions. (Whether they still get paid if they mess up is a separate question.)

    Another reason for someone to be highly-paid is because they provide a small service to an enormous number of people. Pro sports players can get paid millions of dollars. Why? Because millions of people are willing to pay to watch sports games. If one player will attract just a small percentage more viewers than another would (for instance, by being a better player), it makes sense to pay that person a million dollars or more.

    Objections to enormous salaries are usually grounded in some wishy-washy analysis that's crippled by the human mind's inability to intuitively grasp huge numbers. The fact is, some jobs are really worth thousands of times as much as others, in economic terms. If you're going to point to injustice, point to the people who make millions of dollars from inheritance, not people who are paid for services that are really worth millions to someone.

  • by DrVomact ( 726065 ) on Friday May 14, 2010 @06:37PM (#32214198) Journal

    And with limits on education, you get limits on job opportunities. Fine, as long as it it the person who chooses such.

    If it is someone else who is already making decent money at a decent job arguing that too many people are advancing their educations ... fuck you. With a chainsaw.

    It's clear from your diction and your lack of analytical ability that if you ever attended college, you derived little benefit from it. In that case, you would be evidence in favor of the position held by "some experts" in the article. If you were prevented from obtaining an education (and decent manners) by extreme poverty, or are a recent immigrant who has an incomplete acquaintance with English and civilized modes of argumentation, I do apologize.

    The argument (the one you attempted to address that is contained in the article that you evidently wouldn't—or couldn't—read) isn't that we should arbitrarily limit people's freedom to pursue academic learning, but that getting a four year college degree doesn't benefit everyone, and that some people would be happier and more productive if they were allowed and encouraged to attend a more practical course of studies. For example, a young person such as the Ms. Hodges mentioned at the start of the article, who ardently desires to attend welding school faces an uphill battle against the expectations of parents and of the prejudices of our educational system. Why shouldn't she be encouraged to become a welder if that's what she wants to do?

    In my experience, there is a disadvantage to not having a four year college degree. It has nothing to do with the actual capabilities of the people in question, and everything to do with the baseless but widespread prejudice that if you don't have a college degree, then you shouldn't be promoted or well-paid. I've known very capable people who didn't have that "sheepskin", and were denied promotion for that reason. Some of the most intelligent and informed people I've met had no formal education beyond high school, and some of them led very successful lives despite having to combat the stigma of not having a four year degree.

    My own kids taught me a lot about the limitations of the U.S. educational system.

    One of my daughters hated high school. When we spoke to her about going to college, it was clear that she regarded this about as favorably as a proposal that she should spend four years in jail. She was getting poor grades in her academic high school courses, and had a low opinion of her own abilities and worth. She did like to mess around with make-up and hair...so we (her parental units) got her into a trade school program that taught her how to do whatever it is that professional beauticians do. In six months, her attitude and self-image improved by about a thousand percent. She now works happily in a top-flight shop, and makes scads of money. I'm proud of her—not because of the money, but because of the determination and intelligence she's shown in mastering her trade.

    Another daughter is (tomorrow) graduating from a good public university. She hopes to get a public school position teaching science. I think her education was suitable for her ambitions, and she'll do fine.

    Yet another daughter isn't doing as well as she'd like. She got a baccalaureate in psychology, and now works for the technical support group of a major telecom—a job she hates. I'm proud of her also, but I think she would be happier if she had found a more concrete interest, and pursued that instead of the essentially worthless degree in psychology. I think she was poorly served by the notion that a college degree—any college degree—is better than not having one. If she hadn't been put on those fixed academic rails, she might have discovered her own unique path.

  • Re:Ok, but (Score:4, Interesting)

    by dkleinsc ( 563838 ) on Friday May 14, 2010 @07:42PM (#32214968) Homepage

    I'm not suggesting that 3-year-olds should learn vector calculus. I'm suggesting that wealthier parents (which whether you know it or not, you are one) got to their first day of school knowing how to read, write a bit, count to 10 or 20, and possibly do some basic arithmetic. A lot of wealthier kids get that at preschool, but they could also get it from an attentive adult in other settings. In your case, your advantage was that you could afford to have your wife stay home and/or work with the neighborhood to start giving kids those basic skills.

    By comparison, most poor kids (who didn't have access to Head Start and similar programs) start learning to read when they're 5 or 6. For instance, I was bored senseless in first grade because most of the time was spent trying to get my classmates capable of handling reading "See Spot run." Most of them couldn't do it the first day.

    Oh, and what poorer parents are doing with their time at home - mostly mentally and physically resting from their jobs. If you really want to understand the life of a poor person, ideally talk to some of them and get to know them, or at the very least read about [barbaraehrenreich.com] or watch [tv.com] smart capable and educated people try to live under the pressures that poor people do.

  • Re:huh? (Score:5, Interesting)

    by An Onerous Coward ( 222037 ) on Saturday May 15, 2010 @12:22AM (#32217048) Homepage

    Read "The Spirit Level", then get back to me.

    Never mind. You won't. So let me summarize: within the industrialized world, there is almost no correlation between average income and positive social goods like long life, good health, good education, low teen pregnancy rates, and social trust. But there is a strong correlation between income equality and those same goods. Societies with little income inequality (Japan, Norway, France, etc.) do very well, while countries with huge income inequality (U.S., Singapore, etc.) do very poorly. And absolute income does almost nothing to protect a country from those ill effects.

    Do you think that Americans' uniquely high levels of obesity come about because none of the other countries can afford to fill their stomachs? That's absurd. In every industrialized nation, food accounts for a small fraction of the average person's budget. They could eat much, much more if they wanted. No, Americans are obese because an unequal society is a society full of stressors, and food is a natural coping mechanism. The idea of "comfort food" is a reality, proven by numerous studies. Also, stressed out people are more sedentary.

    Let me pose a question, to see just how well your right-wing model of reality is calibrated:

    Take two wealthy, industrialized societies. In society A, the price for not getting a good education is a life of poverty and shame. In society B, there is no reason to fear poverty because the government provides generous welfare benefits.

    In society A, the wealthiest people make ten to twenty times as much as the poorest people do, so the rewards for being ambitious and doing well in school are huge. In society B, the wealthiest members of society only make a few times what the poorest do, so there is little financial incentive to do well in school.

    In society A, polls of high school students show that almost all of them want to attend college. In society B, a large fraction of the students say that they'd be happy with trade school.

    No surprise, society A is the U.S., society B is Finland, and despite what a social darwinist right winger would say are strong disincentives against performing well in school -- no chance at great wealth if you succeed, no risk of poverty if you fail -- Finnish kids outperform American kids by a wide margin (a gap that is even wider for the poorest kids).

    It's almost as though giving kids security about their future and their place in society leads to a more conducive learning environment. But no, that's crazy.

    If it were just a measure of life expectancy, then you might have made a showing with your arguments. But how do you explain why "impoverished" Europe outperforms us in:

    * Life expectancy
    * infant mortality
    * educational outcomes
    * obesity
    * crime rate
    * teen pregnancy
    * measures of social trust
    * measures of life satisfaction
    * homelessness rates
    * the status of women and minorities

    Further, why are differences in income inequality between the fifty states also predictive of their performance on these same benchmarks?

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