This is something I was pondering on, but I wanted to have a serious discussion on it so I'm posting it here.
Unemployment rates, especially for minorities is at a high. However, at the same time, the number of college degrees held by minorities is also at a high.
I'm starting to think that because so many more people have undergraduate degrees that it devalues the degree. I remember when you could get a mid-level administrative or beginners management position with a bachelors degree. Now you're lucky if you can get an entry level position with a bachelors degree.
And then think about how many people never get to find work in their field. I have a friend with a bachelors degree in Finance who works at Starbucks.
I believe the problems is that there are more people with college degrees than there are jobs to accommodate them. People were told that if they went to school, got a good education, they would succeed.
Even with a masters degree, it is still hard to find employment at a respectable level. It appears that networking and experience should be valued more than education in order to succeed.
What's your take on this?
Unemployment rates, especially for minorities is at a high. However, at the same time, the number of college degrees held by minorities is also at a high.
I'm starting to think that because so many more people have undergraduate degrees that it devalues the degree. I remember when you could get a mid-level administrative or beginners management position with a bachelors degree. Now you're lucky if you can get an entry level position with a bachelors degree.
And then think about how many people never get to find work in their field. I have a friend with a bachelors degree in Finance who works at Starbucks.
I believe the problems is that there are more people with college degrees than there are jobs to accommodate them. People were told that if they went to school, got a good education, they would succeed.
Even with a masters degree, it is still hard to find employment at a respectable level. It appears that networking and experience should be valued more than education in order to succeed.
What's your take on this?