Quote:
Originally Posted by retiredguy123
When a person graduates from high school, my advice to them is to go to college and get a 4-year degree. Anyone can get a degree, even those who are not very intelligent. And with proper planning, you don't need to go deeply into debt. But recently, some people are promoting the idea to skip college and to learn a trade, like welding or plumbing. It is interesting that most of these people already have college degrees, like Mike Rowe, who is always promoting trade schools. I don't have anything against Mike Rowe, but he has a net worth of $30 million, that he didn't earn by being a welder. With a college degree, you will always have more opportunities to get a higher paying job, that does not require hard work, than someone with no degree. Just my opinion.
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A growing trend of people do not believe in the _value_ of a college degree that university is worth it. A recent survey shows 56% of people do not believe it is worth the cost. The skepticism is strongest in 18-34 year olds. Reasons are complicated. And things are different now compared to when we went to university decades ago; so our experience may have little relevance to what is occurring now. Regardless of your opinion, these current widespread beliefs in younger people will cause significant changes in higher education (e.g., declining enrollment and funding) and employer hiring (e.g., no college degree required) in years to come.
The plot here is derived from surveys of the Wall Street Journal and NORC at the University of Chicago.
Americans Are Losing Faith in College Education, WSJ-NORC Poll Finds - WSJ