Tuesday, June 15, 2010
Is a college degree still worth it?
The Bureau of Labor Statistics projects that seven of the 10 employment sectors that will see the largest gains over the next decade won't require much more than some on-the-job training. These include home healthcare aides, customer service representatives and food preparers and servers. Meanwhile, well-paying white-collar jobs such as computer programming have become vulnerable to outsourcing to foreign countries.
"People with bachelor's degrees will increasingly get not very highly satisfactory jobs," said W. Norton Grubb, a professor at UC Berkeley's School of Education. "In that sense, people are getting more schooling than jobs are available."
He noted that in 1970, 77% of workers with a bachelor's degree were employed in professional and managerial occupations. By 2000, that had fallen to 60%. found here
What i believe is left out is how many of these graduates will create startups? How many will go to work not in their specialty field but in parallel ones?
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