Category Archives: person: Robert Reich

Why College Is Necessary But Gets You Nowhere

Why College Is Necessary But Gets You Nowhere
http://robertreich.org/post/103472733520
“…the demand for well-educated workers in the United States seems to have peaked around 2000 and fallen since. But the supply of well-educated workers has continued to grow.”

My comment: It’s true that it is rough out there, but it is also true that you can’t really make a personal decision like this based on aggregate data of the kind that produces such articles. I mean, for instance, I really think it depends greatly on what you are studying. Wanna be a teacher or professional engineer, or doctor, or any of a number of things which require both a particular degree and a certification exam? Well, you gotta go to college. Only a certificate exam needed? Well, there you go. Neither needed? (Like most software development jobs…) Well… you might consider taking your chances and make an effort:
http://www.inc.com/magazine/201405/jason-fried/hiring-based-on-effort-not-resumes.html

Related:
“We find no evidence that employers prefer applicants with resumes listing a for-profit college relative to those whose resumes list either a community college or no college at all.”
http://www.caldercenter.org/publications/do-employers-prefer-workers-who-attend-profit-colleges-evidence-field-experiment
–and–
Callback rates for resumes posted on monster.com — public vs private colleges (especially for jobs requiring a certification… the school doesn’t matter)
http://blogs.law.harvard.edu/philg/2015/01/05/two-big-questions-for-economists-today/ (which links to another similar study:
http://scholar.harvard.edu/files/lkatz/files/resumeauditstudy_final_092114_dd.pdf

Related:
The coming Higher Ed crash – Mark Cuban
http://www.dcclothesline.com/2014/12/28/billionaire-mark-cuban-warns-massive-crash-will-wipe-americas-colleges-youre-going-see-repeat-saw-housing-market/

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