Monday, December 3, 2012 2 comments ++[ CLICK TO COMMENT ]++

Sunday Spectacle CXCIV

Is College/University Still Worth It?
 (source: "Not what it used to be," The Economist. December 1, 2012)

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2 Response to Sunday Spectacle CXCIV

December 12, 2012 at 9:27 PM

Its a very funny thing when it comes to advancements in technology. The people in the business community in particular the major multinational companies constantly complain about a shortage of skilled labor being unavailable. The problem with many of these companies is that the way technology is changing it makes conventional education outdated. The obsession with degrees is a perfect example the masters degree or the doctorate thats what were looking for but can;t seem to find it. We have a education system based on a nineteenth centurry model. The bloated and inefficient brick and mortar educational institutions are outdated but no one seems to realize this yet. When are these CEO'S and everyone else going to wake up. Heres the thing for those in corporate america to think about. It will soon be almost impossible for the averagre student to afford even a four year degree let alone a masters or doctorate. Unless the cost of an education is dramatically brought down the so called skilled labor shortage will become a crisis. Its time for corporate america and everyone else to change their thinking about learing and training. Corporate america is a major contributing factor in the shortage. They are in many cases just as obsessed with the degree mania as everyone else and will not hire even a bright talented person without a advanced degree in many cases. The end result here is or can be simply stated the wealthiest twenty percent of the population will soon be the only ones with the capability to take advantage of higher education in a meaningful way. The other eighty percent of the population will become largly unskilled. I have been using a desktop computer for about two years. I taught myself to type and spell. Google is the greatest aid in learning to spell just input a sentence into google search and the search engine will automatically check your spelling for accuracy. This is just one perfect example of the obsolescence of the current education system.

January 1, 2013 at 9:34 AM

Formal education is becoming something only available to people with high purchasing power.

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