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In reply to the discussion: Study: Nearly half are overqualified for their jobs [View all]bucolic_frolic
(42,663 posts)The rapid expansion of colleges during the Vietnam War has come home to roost.
Some institutions produce worthless degrees that are not remotely linked to
any business experience.
And with this much surplus education rampant in America it doesn't sound like
a good bet that educating more young people more and more at greater
expense is going to bear fruit for them or for society.
Degrees are worthwhile when they build skills and experience (accounting, math,
entrepreneurship, even journalism if interned)
or when they are closely linked with the local job market (community colleges).
The rest of this education is just not worth the effort or cost.
And the education industry has costs that are inflated by all the easy federally-
backed borrowing to pay tuition.
If you want to inflate the cost of something, throw money at it. Insurance, college
loans come to mind.
Americans need to become better consumers of education.