IS IT TRUE January 11, 2014 (Weekend Edition #1)
IS IT TRUE the United States has a serious skills gap in our society that is preventing jobs that are readily available from finding worthy candidates to fill these jobs?… in 1970 when 11% of adult Americans had bachelor’s degrees or more, degree holders were viewed as the nation’s best and brightest?…today, with over 30% of the adult population having degrees, a significant portion of college graduates are similar to the average American?…that is to say that your average college graduate is not demonstrably smarter or more disciplined than anyone else?… declining academic standards and grade inflation add to employers’ perceptions that college degrees say little about job readiness?…easy access to college loans and self-serving college recruiters have enticed many people who were not traditional college material into higher education and have diminished the value of their product while raising the price in a shameless manner?
IS IT TRUE the 2013 study by the Center for College Affordability and Productivity, found explosive growth in the number of college graduates taking relatively unskilled jobs?…the United States now has more college graduates working in retail than soldiers in the U.S. Army?…the United States now has more janitors with bachelor’s degrees than chemists?… in 1970, less than 1% of taxi drivers had college degrees now four decades later, more than 15% do?…applications to top universities are booming, as employers recognize these graduates will become our society’s future innovators and leaders?…the earnings differential between bachelor’s and master’s degree holders has grown in recent years, as those holding graduate degrees are perceived to be sharper and more responsible?…this has happened at a time when the earnings between bachelor’s degree holders and simple high school graduates has closed to nearly nothing?
IS IT TRUE unless colleges plan to offer master’s degrees in janitorial studies, they will have to change and change quick to stay in business?…colleges and universities currently have little incentive to do so, as they are often strangled by tenure rules, spoiled by subsides from government and rich alumni, and more interested in trivial things like second-rate research by third-rate scholars and ball-throwing contest than they are in imparting knowledge to the next generation?…colleges will have to constrain costs in the near future as the value of their product is diminished and as the wealth of the paying parents is taken away to expand the federal government?…electronic and online learning are coming and coming quick and are sure to disrupt the traditional business model of brick and mortar universities?…with colleges like Georgia Tech, Stanford, and others entering the online education business at a fraction of the cost of a traditional education others will have to respond?…the American education system from K – Ph.D. may well be the last of the buggy whip business models to see itself decimated by failing to innovate and adapt?…it is ironic that these are the very skills that were taught in schools before the bureaucrats took them over?