“ Pretty much everybody under the age of 40 now has a degree or two. A university education used to be a gateway to a high paid career back when most degree courses were actually about something useful. But of course when everybody has something, then that thing becomes next to useless.”
That’s the Truth, but millennials can’t take the Truth!
That is the case all around the Western World these days. Why? Because idiot Social Engineering politicians decided to subsidise University degrees, or provide no-doc loans for University education. Their slow-thinking Socialist brains reasoned that if rich, highly paid professionals are paid more than uneducated labourers, the solution to inequality is to get everyone a degree.
The first problem they found was that a left wing, working class person with a degree in Engineering swiftly turned into a capitalist once that person was earning a professional’s salary. The second problem was that many young people who did have the proper Socialist mind-set simply didn’t have the intellectual horsepower to complete a degree in maths, science, IT or Engineering. Some had the brains but avoided hard work at all costs, so were not prepared to do the hard yards required for a degree in maths-related subjects, such as Engineering or the Sciences.
The solution to both problems is to introduce “Fluff” degrees in subjects such as Political Science, Peace Studies, Visual Arts, Communications, Cultural Studies and (why not?) Underwater basket weaving! The common factors in Fluff degrees is they are easier to pass, worth less, are based on subjectivity, and lack mathematics. The problem with such degrees is that they qualify people for the lowest paid occupations, which is great from a Socialist’s point of view, as they are then ironed-on progressive supporters, working in unionised occupations such as teaching, but not so great for society as a whole, or for the Fluff graduates either.
“ All ten of the majors with the highest median salaries ($80K and up) involve engineering, math, or science. The median salaries for grads who majored in counseling, religious vocations, drama, visual and performing arts, or social work, on the other hand, were $40K or under. Overall, Liberal Arts and Humanities majors (including English, History, Philosophy) earn median incomes of $47,000 annually.” http://business.time.com/2011/05/24/oh-the-humanities-college-grads-with-fluffy-majors-make-way-less-money/
Due to Government Subsidies and too-available student loans we now have way too many university graduates, most of whom would have been far better attending a technical college or taking an apprenticeship. Qualified Plumbers, Builders and Electricians make far better money, and provide far more benefit to society than Social Studies graduates ever do. Of course to be a successful Plumber, Builder or Electrician, the person has to be able to do something, and willing to work at doing that skilled work. Work is hard.
Sorry, kids, it just is.