Isn’t there a strong argument that we put too many students in debt with a partially completed or useless degree in a well meaning push for “college for all”? The triumph the author describes - an increase in colleges - came at the expense of a reduction in vocational schools and programs.

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zdragnar 4 days ago | parent | next [-]

Nearly half of college graduates age 22-27 are underemployed (i.e. such that bachelors degrees have jobs that only require a high school diploma or less):

https://archive.is/wrDde

According to https://archive.is/Gyl7y the usual suspects do poorly, such as performance arts, but also things like criminal justice, environmental studies and many of the STEM majors are near or over the 50% mark as well.

People trot out the "college grads earn more" lines ad nauseum but the numbers haven't been looking good for that argument for years.

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rootusrootus 4 days ago | parent [-]

> all of the STEM majors are near or over the 50% mark as well.

I am not seeing that? Computer Science, to use an easy example, is 19.1% underemployed. Bad, but not 50%. Even restricted to 'recent graduates' it does not look that grim? If I'm misreading the data, please correct me. I have kids approaching the age where they will be considering post-secondary choices so I am trying to keep an eye on things.

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zdragnar 4 days ago | parent | next [-]

Edit: apologies, I just noticed my original comment said "all" instead of "many". That definitely isn't case as you noted.

Original: Animal and plant sciences: 53%

Biochem: 42

Biology: 51

Chemistry: 42

Engineering technologies: 44

Medical technician: 47

Miscellaneous Biological Science: 47

Miscellaneous Technologies: 49

Those were the ones that caught my eye. I'm assuming the "miscellaneous" categories are for higher degrees in very niche or specific sub fields.

STEM covers all of science, math and tech outside of medicine/ health care, so the computer science and engineering tracks are okay. Even then, I'd be a little suspect, as I'd heard elsewhere that the number of graduates has increased by 110% but the market for jobs hasn't. The good old days of ZIRP and wildly too-small talent pool are likely over for good.

	▲	rootusrootus 4 days ago \| parent [-]
		To my own discredit, I do often forget the S in STEM ;-). Thank you for improving the completeness of my knowledge with data. I've long been under the impression (might be quite wrong, of course) that a number of science fields suffer from a problem where bachelor's degrees have very little practical value because the career expectation in the field is a graduate degree. This is probably bias on my part since my most direct exposure to the phenomenon is a couple of my extended family members who got degrees in biology but then exited higher education. They can't get jobs in biology, they are stuck working jobs that would have been just as attainable right out of high school.

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wafflemaker 4 days ago | parent | prev [-]

Wouldn't it also mean, that while ⅕ of CS grads initially work as support (for example), the people with just the education needed for that (vocational school) didn't get that job, because it went to someone with a better degree?

So it's not that bad after all. At least you got the job, while somebody else didn't.

This is just me thinking. Never been to the US and I'm guessing that's what the discussion is about.

	▲	zdragnar 4 days ago \| parent [-]
		Not necessarily. Many employers who don't require a college degree can be reluctant to hire someone who is "over qualified" because they are more likely to quit as soon as they get a better job, and they are more likely to keep looking for one. With that said, there's also a lot of jobs that list a college degree as a requirement that absolutely don't need one whatsoever. I suspect this is largely to cut down on the number of applicants. Back when applications were done on paper, I recall turning one in to a prospective employer, who set it on a stack of paper around 15cm tall, which just so happened to be right next to a trash can. Now that you can apply to 50 jobs in an hour because job application sites basically pre-fill applications for you, it's insane what hiring is like in any city bigger than a small town.

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convolvatron 4 days ago | parent | prev | next [-]

there was almost certainly a demand issue with graduates of technical schools. Also increased privatization leading to some really awful scammy institutions. I personally went to college and washed out, and would have been much better served by getting schooled in the trades, but I think this is really a pretty bad multi-dimensional corner we've backed ourselves into (primary, secondary, and post-graduate schooling, employment).

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kakacik 4 days ago | parent [-]

Discussions and concerns we simply dont have in Europe. There are costs, but nothing significant from public schools themselves, rather just accommodation, food, travel etc. Some folks still go to private ones, but those are mostly not for extra prestige but rather different focus, or those who are not that great students themselves.

Unpopular here, but I judge degree of development / maturity of societies on 2 major factors : 1) how it can take care of the vulnerable members in need - mostly heathcare, with som basic social support to help you bridge between jobs, plus obviously (mostly self-earned but managed by state) retirement; and 2) how well it invests into its future via education on all levels. Education aint luxury but empowering basic need. The question then is, how much does given country wants to empower potentially all its citizens.

It costs something, but doesnt have to be ridiculous. Apart from infrastructure and basic security & defense(since we have russia trying to conquer us all in Europe) the only really valuable investments.

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lamasery 4 days ago | parent [-]

> Unpopular here, but I judge degree of development / maturity of societies on 2 major factors : 1) how it can take care of the vulnerable members in need - mostly heathcare, with som basic social support to help you bridge between jobs, plus obviously (mostly self-earned but managed by state) retirement; and 2) how well it invests into its future via education on all levels. Education aint luxury but empowering basic need. The question then is, how much does given country wants to empower potentially all its citizens.

The test of Rawls' "Veil of Ignorance" is a pretty good way of cutting through the details and getting to what matters: if you had to be reborn as someone in any country (or, had to choose between two, if we wanted to e.g. rank them), and you couldn't control anything about the circumstances (race, social status, money, intelligence level, disabled or not, et c.) but were leaving it up to a die roll based on the demographics of the place—which would you choose? The ones you're more-inclined to choose are the better ones.

https://en.wikipedia.org/wiki/Original_position

And yeah, stuff like ensuring the worst-likely-case for a resident isn't that bad, and that you get a significant helping hand to improve your lot, helps a ton to make a country more appealing, in this sort of thought experiment. Far, far more than e.g. making sure the few very-best-off really run away with the prize (which improves the appeal of such a place basically not at all).

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gottorf 3 days ago | parent [-]

> which would you choose? The ones you're more-inclined to choose are the better ones

Funny how despite all that, more people choose to come to the US from those "mature" societies than the other way around.

	▲	nickd2001 3 days ago \| parent \| next [-]
		In the US there've historically been great work and wealth-generating opportunities that weren't as readily available in Europe. That seems to come at the price of less safety net if something goes wrong e:g health problems, disability, job loss. In recent times Europe has become more like the US in the sense of cutting safety nets while being more entrepreneurial. I think this'll lead to less people choosing to move to the US from Europe, compounded by US now having possibly less opportunities and an administration that makes even well qualified legal immigrants feel unsafe. Which will become self-fulfilling, the opportunities of the future will increasingly be outside the US. As to why more Americans haven't historically moved to Europe, my guess would be its simply unawareness of how actually for a lot of people it'd give a better quality of life.
	▲	lamasery 3 days ago \| parent \| prev [-]
		It’s not a blind roll of the dice, then. Among other factors that make it pretty different.

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wonnage 4 days ago | parent | prev [-]

Some colleges seem to be glorified sports teams that happen to have a school attached.

	▲	NoGravitas 3 days ago \| parent [-]
		A lot of others are real estate companies that happen to have a school attached.