Home > Value of College Degree > College Degree No Guarantee of Prosperity

College Degree No Guarantee of Prosperity

This piece in The Chronicle reveals what many higher ed critics of known for years — getting a college degree is no guarantee of prosperity. In fact, many Americans with degrees live in poverty.

Those who keep saying that the nation will get a huge productivity boost by putting more people through college ought to consider the possibility that we’ve already oversold higher ed. The glut of people with degrees who can’t find jobs that pay even moderately well is good evidence that we have.

Conversely, I wish I didn’t have to wait days to get someone to work on my malfunctioning air conditioning here in hot and humid North Carolina.

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  1. June 9, 2010 at 2:53 pm | #1

    George -
    Maybe if we didn’t have a shortage of qualified heating and cooling technicians then you might be able to get your problem resolved in a more timely and affordable manner. Unfortunately, it is one of the well-paying professions that have been stigmatized by society, presumably because hands get dirty and it requires little academic education.

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