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Thursday, May 13, 2010

Degreed--but not educated

How much education does one need? One of the ideas put out these days is that a four-year degree is not appropriate for quite a few youngsters, who should be pursuing two year vocational training.
Then there are economists who benefited from public subsidies turn around and suggest that the public should not subsidize the education of others.

The disconnect between learning (education) and working in a job, is the primary global issue of the day- a point completely missed by Mr. Friedman in his "Hot, Flat, and Crowded.." book.

College for all? Experts say not necessarily - Yahoo! Finance: "Sue Popkes doesn't hide her disappointment over her younger daughter's decision. At the same time, she realizes that Hodges may achieve more financial security than a college degree could ever provide.

'It's sad to know she's going to miss that mind-opening effect of an undergraduate degree,' Popkes said. 'To discover new ideas, to become more worldly.'

Ohio University economics professor Richard Vedder blames the cultural notion of 'credential inflation' for the stream of unqualified students into four-year colleges. His research has found that the number of new jobs requiring college degrees is less than number of college graduates."

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