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The Higher Education Bubble Is
Bursting — And That´s A Good Thing

Investor´s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 9/10/2018 6:34:52 AM

Useless Degrees: A good indication of a tightening labor market is the fact that several major corporations have dropped their college degree requirements. College just became an even bigger waste of time and money for many. Job recruiting site Glassdoor recently reported that companies like Google, Apple, IBM, Bank of America no longer require that applicants have a college degree. Neither do companies like Costco, Whole Foods, Publix, Chipotle, Home Depot, Starbucks. (Does it really take a college degree to know how roll a burrito, pour coffee, or stack giant jars of mayonnaise?)


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Reply 1 - Posted by: MainelySane, 9/10/2018 6:48:18 AM     (No. 11753277)

It´s not a good thing if you´re a young adult with perpetual tuition loan repayments. You can thank the federal government .. guaranteed student loan program.. for making the slaves to debt... to the federal government!

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Reply 2 - Posted by: Hank Reardon, 9/10/2018 7:07:20 AM     (No. 11753288)

The pool of future lefties diminishes.

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Reply 3 - Posted by: M2, 9/10/2018 7:10:51 AM     (No. 11753291)

I have often wondered whether parents to send their kids to college ever bother to check the curricula. It is long overdue that so-called Institutes of “higher learning“ be pulled up by their bootstraps and go back to actually teaching a liberal arts education first before specialized education in actual professions. American education has completely abandoned critical ford in favor of emotional acting out.

Rush Limbaugh, a man who did not go to college, has said many times in his wildly successful 30 year radio career that college is not necessary for most of the population, that they can get very good paying jobs with a job training program. Of course, this does not apply to surgeons and lawyers, etc. I agree, not in the last 30 years, anyway.

Look at the long list of dimwit miscreants that have come out of institutes of “higher learning.“ What a waste of money.

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Reply 4 - Posted by: M2, 9/10/2018 7:11:31 AM     (No. 11753292)

Sorry, forgot to spellcheck. You know what I mean.

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Reply 5 - Posted by: F15 Gork, 9/10/2018 7:39:02 AM     (No. 11753310)

The gubmint backed student loan program should be killed now.

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Reply 6 - Posted by: Blackeagle, 9/10/2018 7:39:22 AM     (No. 11753312)

Bummer. So where do I now go for an invigorating discussion on post-modern literature?

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Reply 7 - Posted by: Cavallodifiero, 9/10/2018 8:00:18 AM     (No. 11753327)

And next year there was going to be a Degree for the useful idiots program! Oh well maybe in the next generation.

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Reply 8 - Posted by: strike3, 9/10/2018 8:13:29 AM     (No. 11753340)

Corporations should have done this officially years ago and saved people a lot of money. The IT field often posted a degree requirement but hired non-degree people out of necessity and it worked out fine.

Many parents have the mindset that a degree in beer pong and African American studies is better than no degree. They are wrong.

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Reply 9 - Posted by: jalo1951, 9/10/2018 8:35:41 AM     (No. 11753373)

You mean there are no good paying jobs for a person who majored in "Queer Poetry" by former non-cisgender lesbian transexuals?

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Reply 10 - Posted by: sabrajet, 9/10/2018 8:41:59 AM     (No. 11753381)

My Dad graduated from High School in the late 1930,´s then went on to University. When I went to High School in the 1960´s, we compared notes. He learned in the last year of HS what I would be taking the first year at College. That was 50 years ago, and you know how bad it is now. If you want a well rounded education the first two years of undergrad should do it, the rest is your Major. If only they still taught that in HS. You can go on to welder, graphic arts, construction, writing, but still have an education.

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Reply 11 - Posted by: greggojo, 9/10/2018 8:54:28 AM     (No. 11753405)

Good. Because academia is a many layered fraud and a train wreck hurtling off the track. Half of college graduates think the federal govt. should bail them out of their student loan debt, professors receiving >300k per year for teaching one or two classes, unbelievable pay and perks and benefits for the bloated admins. Meanwhile, instructors are assuming more and more of the teaching load and are paid next to nothing and receive few if any benefits. And even STEM courses have been infected with the SJW virus. Impressive sounding majors, when you check the course requirements, are watered down nothing burgers.

As has been said here, liberals damage everything they touch, and nowhere is that more evident than in America´s institutions of higher learning. The traditional American respect for education has kept parents from really examining what it is that they´ve spent their adult lives saving for and preparing their children for. And btw, many kids have returned from an Ivy League with a serious substance abuse problem.

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Reply 12 - Posted by: Hotrod, 9/10/2018 9:09:43 AM     (No. 11753429)

With fast-food establishments progressing towards more automation, these folks with degrees in social justice, women´s studies, and other unmarketable subjects (maybe even journalism) will no longer be able to find jobs as servers or hamburger flippers.

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Reply 13 - Posted by: Clinger, 9/10/2018 9:32:02 AM     (No. 11753457)

It´s really rather simple. The Left got control of higher education and they broke it.

They break everything they get their hands on after feasting on what others produced. They are completely incapable of building anything.

And those are their good points.

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Reply 14 - Posted by: greggojo, 9/10/2018 10:17:27 AM     (No. 11753549)

I apologize for the second post, but education (and everything traditionally valued by Americans) are so important.

I wonder if part of the bursting bubble is due to the long term consequences of all the students who chose "Studies" programs as their major? Because, when it comes to job applicants who were "Studies" majors, as far as I could tell, these types were not only worthless as productive employees but an accident/lawsuit waiting to happen. They are of course, poorly educated, have no thinking skills, see every situation in terms of what´s in it for them, possess a negative work ethic, have a chip on their shoulders as they walk in the door (think Omarosa, although she wasn´t a studies major) (she didn´t need to be, she could have taught the courses). They see everything through the prism of race and victim psychology so see insults and oppression everywhere, in sum, they are world class troublemakers. After inadvertently hiring a few of such graduates, any smart employer would head for the hills and rethink the necessity of demanding a college degree, something that has increasingly become a negative, not a positive, for employers.

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Reply 15 - Posted by: Krause, 9/10/2018 10:41:49 AM     (No. 11753587)

Part of Obama´s malfunction of punishing the business community with higher taxes, more regulations, and obamacare, was that businesses pulled back in and cut expenses wherever they could, including relooking at education requirements for new employees. Especially when they see courses like Women´s Studies, etc.

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Reply 16 - Posted by: dvc, 9/10/2018 11:10:16 AM     (No. 11753624)

The line it is drawn, the curse it is cast,
The slow one now will later be fast,
As the present now will later be past
The order is rapidly fadin´
And the first one now will later be last
For the times they are a-changin´

Yep. Times are changing, Bob Dylan was right.
Unless you are going to get a degree which directly relates to a complex technical job, such as medicine, accounting, engineering, a particular science, then the real need for a college degree isn´t there.

Even computer programming, often thought to be a complex process, can be taught from scratch in about 6 months to a year of JuCo classes.

I got a couple of engineering degrees, and aside from some history, English literature, and "art and architecture" classes (which I now am pleased to have had - makes travel in Europe more fun) it was six years of intensive technical training which rolled into my 40 year technical career. Many (most?) folks can´t say that their college classes had anything much to do with their job skills. These people need to drop the college and spend that time on a few JuCo classes that might be relevant (business accounting, computer programming, whatever) and then get into the workplace and learn the job for four years and save $50-100K.

Or join the military, get training, learn to be an adult, then go out to get a career.

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Reply 17 - Posted by: Amereagle-redux, 9/10/2018 11:12:03 AM     (No. 11753626)

#11 is right on the money. When I went (to a top 20 school) 30 years ago it was, other than the really hard engineering classes, already becoming a silly drunken playground for kids who could afford it or had an “in” ... and the Social Justice cancer had already started to creep in.
I have to think lonnnnnng and hard where I will be comfortable sending my progeny, for what purposes, and at what cost (both $$ and emotional/patriotic). I will not pay for them to be mindwiped and turned against their country or their history by leftwing nutjobs with axes to grind.

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Reply 18 - Posted by: lakerman1, 9/10/2018 11:12:49 AM     (No. 11753628)

Barack Obola - International Studies major at Columbia.
Michelle Obola - African American Studies at Princeton.

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Reply 19 - Posted by: Scooter, 9/10/2018 11:48:21 AM     (No. 11753679)

My life is a perfect example.

I have an AA degree from the local community college majoring in Mathematics. I work as a Database Analyst/Programmer and make just over 100k a year. My ex-wife has a 4 year degree in Psychology from a "good" school. She works as an administrative assistant and make about one third of what I do.

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Reply 20 - Posted by: Talk2, 9/10/2018 12:26:44 PM     (No. 11753718)

When I went to college basket weaving and scuba diving at colleges in Southern Florida were the names given to courses like women´s studies and social justice today. Discussions around such majors back then were usually meant to belittle the school and those who always look for the easy way. At serious universities even basic courses in the first year were designed to weed out those just along for the ride to make room for serious students in later years. When I went back 20 years later one could see the change beginning and it wasn´t for the better. Somewhere along the way a cancer crept into high schools and it began with so-called "teachers colleges" and incorporated attitudes unthinkable in earlier periods. Grades became meaningless and competition was discouraged. That´s the time when this idea nobody could lose came to education - attendance or participation was good enough protect fragile egos and that became the norm. One can see where that has led. It would truly be a good thing if some sanity and common sense returned to the education system.

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Reply 21 - Posted by: MDConservative, 9/10/2018 2:47:26 PM     (No. 11753864)

There are degrees and there are degrees. There are folks who found the value of a degree and those who passed through the systems learning little of value. There are folks without who are successful, and those with who are failures. Seems "real life" happens to everyone along the way.

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