Until recently, a bachelor’s degree was a sure ticket to social mobility and a promising career. But today’s graduates face unprecedented headwinds in the form of declining wages, ballooning student debt, and greater competition for fewer jobs. That’s the case journalist Jeff Selingo makes in an insightful new book, There is Life After College (HarperCollins). “The plight of today’s young adults,” writes Selingo, “is a result of a longer-term shift in the global workforce that is having an outsized impact on people in their twenties who have little work experience.” Selingo presents his … [Read more...] about Must all Graduates Wander Aimlessly in Their Twenties?
Archives for 2016
Only 11% of employers think graduating students have the skills that their businesses need
How can employers be simultaneously unhappy with the quality of recent graduates and more desirous of hiring people with greater amounts of formal education? Ryan Craig, founding Managing Director of University Ventures, writes: What we’re seeing from employers—the ultimate consumers of higher education—is the result of dissatisfaction with the current level of talent being produced by colleges and universities. Employers are dissatisfied and are flailing about for answers. For many employers, this means credential inflation—requiring certain degrees for jobs that previously didn’t require … [Read more...] about Only 11% of employers think graduating students have the skills that their businesses need
5 Suggestions for Getting a College Degree Without Going Broke
Though it may have gotten buried with the New Year's holiday, I had an article published in Fox News Opinion on how to get a college degree without going broke. I outlined five things every student can do. Here's the opening: The disappearance of low-skilled jobs and a rising earnings premium sparked a dramatic uptick in college enrollment over the past few decades. At first, students could afford it, graduating with minimal (if any) debt, and entering an expanding job market with rising wages. But now? Real median household income is down 6.5% from 2007-2014. Salaries for 25-34 year … [Read more...] about 5 Suggestions for Getting a College Degree Without Going Broke