Are College Graduates More Likely to Land a Job? (The Bureau of Labor Says So)
SodaHead News
2012/06/06 13:00:00
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It's not exactly the best time to be getting out of college right now, with unemployment still hovering around 8 percent, but according to the Bureau of Labor Statistics, a college degree is better than nothing. Way better, in fact. They report just 3.9 percent unemployment among college graduates, compared to 8.1 percent among high school graduates and 13 percent among high school dropouts.
However, there's one major catch. That 3.9 percent unemployment for college grads does not include anyone under the age of 25, and according to Good.is, more than half of college graduates under 25 were unemployed last year. And while any employment is better than none, Good.is also notes that the Bureau doesn't specify what type of employment these grads are under. So what do you think, are college grads actually better off than those who never got a degree?
However, there's one major catch. That 3.9 percent unemployment for college grads does not include anyone under the age of 25, and according to Good.is, more than half of college graduates under 25 were unemployed last year. And while any employment is better than none, Good.is also notes that the Bureau doesn't specify what type of employment these grads are under. So what do you think, are college grads actually better off than those who never got a degree?
I'd say people who get into trades will probably find a job out of college. Also law students probably.
We have large problems facing the work force for the next generation.
First it will be getting smaller because the baby-boomers will be retiring.
Second we have become so enchanted in getting a post-secondary education, i'm not saying people shouldn't be get a post-secondary education, it's just people shouldn't need to get post-secondary educations.
Plus with post-secondary educations, less and less people are entering fields where they can get jobs right away. Less and less young people want to enter trades school, less and less people want to become mechanics, plumbers, electricians, etc. These fields are getting desperate, and the path to success in these fields will much easier. But those jobs have been portrayed to be subclass, and not up there with doctors, lawyers, executives, teaching or in the entertainment business. Which most of the careers are getting too much people.
And finally universities offer so many useless classes. You don't need to study business to become a successful businessman, it helps but it's not ...
I'd say people who get into trades will probably find a job out of college. Also law students probably.
We have large problems facing the work force for the next generation.
First it will be getting smaller because the baby-boomers will be retiring.
Second we have become so enchanted in getting a post-secondary education, i'm not saying people shouldn't be get a post-secondary education, it's just people shouldn't need to get post-secondary educations.
Plus with post-secondary educations, less and less people are entering fields where they can get jobs right away. Less and less young people want to enter trades school, less and less people want to become mechanics, plumbers, electricians, etc. These fields are getting desperate, and the path to success in these fields will much easier. But those jobs have been portrayed to be subclass, and not up there with doctors, lawyers, executives, teaching or in the entertainment business. Which most of the careers are getting too much people.
And finally universities offer so many useless classes. You don't need to study business to become a successful businessman, it helps but it's not essential. This culture has become so obsessed with "higher learning," and I'm not trashing education, but when students are racking up $80,000 debts just to keep get a useless degree what's the point.
Person A forgoes university, enters a trade. Finishes his education and gets a job immediately, he has a small student debt, but with the work he was doing while he learned he was able to pay it off. And 5 years after he graduates, he's saved enough money to open his own small business.
Person B goes to university, studies drama. He doesn't find a job while in university, he uses student loans to pay for his education. After he gets his degree, he moves to Hollywood in search of acting roles, only to see more attractive and less educated people than him get roles he wants, he has a $60,000 debt and with no hopes in paying it off.
I like your example with person A but you try opening a business. I knew of two people (one with a college degree) that were trying to start a business but getting the starting funds always did not pan out. One of the guys had even arranged for a 10 million dollar venture capital loan and it all fell through due to not having a specific signature. Opening a small business now is even hard and the costs are not as low as you might think and then the taxes tend to kill you.
Now, your person B chose a degree in liberal arts (not computers, business, or the sciences) and then went to an area (hollywood) to try to practice their trade where the success rate is already against them by a LONG SHOT. It would take a lot of luck to make it big in hollywood.
College may open doors but I still feel that the schools are trying to take advantage of the "free" tuition and the costs have skyrocketed WAY too much in comparison to what you get out of it. We are reaching the point where they are wanting Master's degrees just to compete in jobs but they do not want to pay what it would be worth to actually get the degree.
My father has a lot of school, couldn't get a job teaching at a community college here. He trys out of state, gets a job at University! AS TEACHER!
and what jobs?
http://webstation19.8k.com/jo...
What the statistics really say is they are not collecting unemplyment...
Statistics http://webstation19.8k.com/ly...
if you never had a job you can't collect...
Probably only slightly better than a non-college graduate these days. You're better off working out of high school, getting into internships or trade schools, or starting your business.
Exceptions include jobs like being a doctor or a lawyer, but it'll take a long time to pay off those loans with no garentee of sufficient employment once you leave college.