“Price has come unmoored from the value and even the cost of an education, says Mark Vandevelde” is the subtitle of the comment http://www.ft.com/intl/cms/s/0/8d502756-327e-11e3-91d2-00144feab7de.html?siteedition=intl#axzz2hhZ4SDOY It is well written, to the point, and cites Nobel Prize Wnner Michael Spence for an explanation for why buying no education is still worth it economically. Its just a tax.
According to OECD, Most Workers Who Feel Overqualified Aren’t. So Why? Have They Been Conned?
Jordan Weissmann has a post in The Atlantic on this http://www.theatlantic.com/business/archive/2013/10/1-in-5-us-workers-im-too-educated-for-my-job/280441/#disqus_thread My comment on his post explains my position: “Many of those who think that they are overeducated are actually “over-degreed” by schools that convince students that they are getting a “college education” (and many other types of education), when they aren’t. The brilliant David […]
USA Today claims that “Data measure value of a college degree”
USA Today has an article http://www.usatoday.com/story/news/nation/2013/09/03/how-higher-education-pays/2755345/ that has some findings that I think are (unintentionally) misleading. It relied too much on gross dats. Here is what I wrote. Is this “solving for the winning solution?” The article compares Tech. Assoc. Degrees in Texas with baccalaureate degrees to make one point, then compares STEM degrees in Virginia […]
Employers Want Tests for Graduates According to WSJ
Follow the Money
Good article about student loan defaults. http://online.wsj.com/article/SB10001424127887323420604578650420166447266.html?mod=WSJ_article_comments#articleTabs%3Dcomments About 22% of those not in school are either in default or forbearance. Even in a bad economy, that is a big number. Here is what I think it says (posted as a comment on the article). “As a former professor, my advice is, follow the money. Ask […]
High Unemployment for Recent Grads in Info Systems, Comp. Sci., and Engineering
Today’s USA Today has a good article on unemployment for recent grads. (http://www.usatoday.com/story/money/personalfinance/2013/07/30/tech-job-unemployment/2595669/) I commented with my views. “After spending over a quarter of a century as a college professor, this does not surprise me. It does sadden me. We are seeing the observations of Clark Kerr (“…This shift from academic merit to student consumerism […]
Times Post Relies In Part On Report From Questionable Source
Here is the link to the article. (Also, my previous post is a comment on this article.) http://economix.blogs.nytimes.com/2013/07/22/college-counseling-and-job-prospects/#more-165893 I have commented before on the National Association of Colleges and Employers here Median Starting Salaries for College Graduates $27,000 or $40,735? | Inside Higher Education Here is my comment on the Times site: “This post reports […]
Jordan Weissman at The Atlantic Reports on a New Federal Reserve Report on Underemployment
You can read his article here http://www.theatlantic.com/business/archive/2014/01/the-growth-of-college-grads-in-dead-end-jobs-in-2-graphs/283137/#comments You will find a link to the Fed’s paper. Unfortunately, when the Fed looks at the data they leave out recent grads who are still in school, even part-time. I posted two comments that give my view on this and other aspects of the article. Here they are. […]