While I agree in theory, I’m not really sure there’s much that can be done in practice. The genie is out of the bottle here: jobs want the paper, so people get the paper, leading to jobs expecting people to have the paper. An employer is unlikely to deliberately “lower their standards” (in their view) if the pool of potential employees with a degree is large enough for their needs already. Since you can’t legislate that employers are not allowed to require a degree, and you can’t expect people to not get a degree and sacrifice their own potential future to break that cycle, we’re kind of at an impasse.
That’s why the only way forward that anyone’s figured out so far is government funded higher education.
There is a lot that can be done in practice. One, employers are asking for degrees because they can. If you lower the number of graduates and they can’t get them without higher pay, they will stop. Two, you could put a price on the degree, e.g. higher minimum wage for positions requiring a degree to make employers pay for the extra education.
So the higher minimum wage is already a thing in some countries (e.g. Germany, where degrees are also mostly free) and there is still the trend of many more ppl. studying.
In general, our world is getting more complicated and we live longer. So i dont really see the problem of more education?
More education is a balance of costs and benefits. There is no harm in even a supermarket cashier having a collage degree. God knows our democracies could use more educated voters. But in many professions, it is not worth the cost. The same knowledge could be gained by a few months of on the job training. If employers are really willing to pay more for those degrees like in Germany than that is fine. But I am pretty sure in some places, people are asking for degrees not because they are needed (worth the cost), but because people with degrees are available cheaply.
After all, if the degrees were worth their price to employers, and the employers paid for them adequately, student loans wouldn’t be an issue.
I agree, but there is things we can move towards, but some are more… radical solutions.
I think the Swiss do something where after a certain point in the education pipeline (Age 16?) they decide either university or vocational school.
I think the ratio is 20-80.
If the decision is made for you (via being evaluated by the institutions in charge of the students) it definitely would be filled with bribes and scandals where the rich try to subvert it.
But if that wasn’t a problem I think it would definitely help university degrees “matter” again and it would be more feasible to make free for those who pursue it.
Again this requires a whole restructuring-- and would not see results for atleast a generation-- and red-lining would potentially have very visible effects on this depending on how its done.
It also reinforces the class system. ‘elite’ employers won’t even look at you if you don’t come from an ivy or a top 5/10 school.
and there are fewer and fewer of these ‘elite’ jobs to go around, hence the paranoia among the upper middle classes that their children will have zero future if they don’t get into an ivy.
While I agree in theory, I’m not really sure there’s much that can be done in practice. The genie is out of the bottle here: jobs want the paper, so people get the paper, leading to jobs expecting people to have the paper. An employer is unlikely to deliberately “lower their standards” (in their view) if the pool of potential employees with a degree is large enough for their needs already. Since you can’t legislate that employers are not allowed to require a degree, and you can’t expect people to not get a degree and sacrifice their own potential future to break that cycle, we’re kind of at an impasse.
That’s why the only way forward that anyone’s figured out so far is government funded higher education.
Edit:typos
There is a lot that can be done in practice. One, employers are asking for degrees because they can. If you lower the number of graduates and they can’t get them without higher pay, they will stop. Two, you could put a price on the degree, e.g. higher minimum wage for positions requiring a degree to make employers pay for the extra education.
So the higher minimum wage is already a thing in some countries (e.g. Germany, where degrees are also mostly free) and there is still the trend of many more ppl. studying.
In general, our world is getting more complicated and we live longer. So i dont really see the problem of more education?
More education is a balance of costs and benefits. There is no harm in even a supermarket cashier having a collage degree. God knows our democracies could use more educated voters. But in many professions, it is not worth the cost. The same knowledge could be gained by a few months of on the job training. If employers are really willing to pay more for those degrees like in Germany than that is fine. But I am pretty sure in some places, people are asking for degrees not because they are needed (worth the cost), but because people with degrees are available cheaply.
After all, if the degrees were worth their price to employers, and the employers paid for them adequately, student loans wouldn’t be an issue.
I agree, but there is things we can move towards, but some are more… radical solutions.
I think the Swiss do something where after a certain point in the education pipeline (Age 16?) they decide either university or vocational school.
I think the ratio is 20-80.
If the decision is made for you (via being evaluated by the institutions in charge of the students) it definitely would be filled with bribes and scandals where the rich try to subvert it.
But if that wasn’t a problem I think it would definitely help university degrees “matter” again and it would be more feasible to make free for those who pursue it.
Again this requires a whole restructuring-- and would not see results for atleast a generation-- and red-lining would potentially have very visible effects on this depending on how its done.
It also reinforces the class system. ‘elite’ employers won’t even look at you if you don’t come from an ivy or a top 5/10 school.
and there are fewer and fewer of these ‘elite’ jobs to go around, hence the paranoia among the upper middle classes that their children will have zero future if they don’t get into an ivy.