According to a recent WSJ/NBC survey, a staggering estimate of 47% young Americans feel that a college degree is not worth it compared to a 49% who do. That is a pretty close divide which is probably something that should be more shocking than it feels.
Some are starting to believe that learning a trade is probably a better shot at finding employment than a college degree. Claims are that the pay for trade professions are just about the same as those which require a college degree. Research shows though that on average those who attain a college degree have a better economic life chance than those who do not... but perhaps the distribution is very skewed?
Other points raised is the obscenely high costs of college, including tuition, boarding, supplies (...textbooks... and dumb access key bullshit nowadays). Although this is a point no one is really disputing. College is pretty unreasonably expensive for the run-of-the-mill American.
The survey was conducted from a sample of Americans who both had college degrees and those who did not. Unsurprisingly, there was a general trend where those with a college degree thought the payoff was worth it and those without did not think school is worth it.
- Is the current generation of college and incoming college students more cognizant of studying for the purpose of making money than the previous generation? In other words studying at what you can make money from?
- Will this trend continue to strengthen or contract in the face of a slowly declining economy?
- Do you think the results of this survey come from a systemic failure in society or a shift in social expectations? I.e, perhaps college education is an attainment that most people would like to explore later in their lives rather than after high school.
Feel free to share any other thoughts.