Wednesday, January 5, 2011

How Far Does an Education Take You?

By Rebekah Rast
It is engrained in the heads of the youth that you must go to college to get a good job.

While overall that is good advice, some graduates are finding their $100,000 educations haven’t provided them with the necessary skills for the modern work world.

College is more expensive than ever forcing students to pay more than 400 percent more for a college education today than 30 years ago. And as a result of increased tuition costs, students are carrying mountains of debt and aren’t finding the high-paying, coveted jobs promised to them upon graduation.

In fact, an article by the Competitive Enterprise Institute (CEI) highlighted the trend of useless college degrees and cited a study that showed “60 percent of the increase in the number of college graduates from 1992 to 2008 worked in jobs that the (Bureau of Labor Statistics) considers relatively low skilled — occupations where many participants have only high school diplomas and often even less.”
The article went on to say, “Of the nearly 50 million U.S. college graduates, 17.4 million are holding jobs for which college training is regarded as unnecessary. The number of waiters and waitresses with college degrees more than doubled in the years 1992-2008, from 119,000 to 338,000, and cashiers with college degrees rose from 132,000 to 365,000.”

What happened to the American Dream for the youth of America?
Get full story here.

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