Ah, I love the certitude with which such posts are written. Such sweeping statements. Such utter confidence in sturdy and strongly held opinions. Such robust dismissal of that which is not - or cannot be - measured in immediate (financial) reward or monetary worth
..
Ha, LOL, seems like I got your attention. Good.
🙂
And I'm glad that you responded in kind - fact free.
😀
But, let me actually redeem my post a little bit.
I admit my post was provocative, and not very differentiated.
Also, it seems like you fell into the trap of assuming I don't value education. Nothing could be further from the truth.
Let's start with college education.
The scam is college education
IN THE US. I will give you the benefit of the doubt because you seem to be from Europe, and the European college education system is by far not as ****ed up as in the US. Maybe you are not familiar with what's going on here in the US. Many countries in Europe are doing it right, whereas the US is doing it WRONG.
(This is 1st hand experience - my primary education was in Europe, up to the level of an Associates degree equivalent. Later, I completed my Bachelor's Degree and professional certifications in the US.)
The issue with US education is manifold.
Education and knowledge does NOT seem to be the primary driver. Extracting ungodly sums of money from people is.
Education should have become very cheap, almost free by now. The information age and the internet should have done that. Look at initiatives like the Khan Academy. A lot of education can be had for very small cost, or even free.
Of course, the established system (henceforth referred to as "colleges") hates that.
So what they did is make sure of two things:
1) Knowledge and proof of thereof is NOT enough to earn a degree. You need to pay the system (i.e. colleges) to "bestow" that degree upon you. There is no way to get a Bachelors degree the same way as many professional certifications (like a CPA) are awarded - by simply proving in a standardized test that you have the knowledge.
2) In order to be able to extract ungodly sums of money for (often low quality) education, they conjured up a system of making money available to all people via college loans. They got in bed with the government (which now supplies more than 90% of the loans). This endless stream of money is the reason why college cost is growing exponentially.
On the part of the colleges, there is no incentive at all to change and make education more cost efficient. As long as the loans are flowing, they just suck up that money and waste it in egregious ways.
The result is people ending up with student loan debt that they will never be able to pay of in a reasonable amount of time. And because the government enacted laws that student loans can NOT be discharged in personal bankruptcies, student debt holders become government serfs for life. Student loans know have the same status as child support - you will owe it. Period.
Well, I am one of those who thinks that learning for learning's sake is a wonderful idea, a well stocked mind is a pleasure to meet and engage with
..and - at its best - a liberal arts degree bestows a respect for learning, education, and sometimes even allows the development of a healthy ability to engage in critical analysis
...
Again, I'm not against learning and acquiring knowledge. All that's fine and dandy. The question is: At what cost.
With the cost of today's US college education in mind, liberal arts degrees are NOT a good choice.
(And by liberal arts, I don't mean the BROAD definition that includes math and sciences. I'm referring to majors in the following areas: literature, languages, history, philosophy).
The % of degree holders unemployed is highest for Liberal Arts degrees (tied with architecture):
http://www.newyorkfed.org/research/current_issues/ci20-1.pdf
Another study, again, architecture and history on top:
http://www.huffingtonpost.com/2013/06/19/unemployment-college-graduates-majors_n_3462712.html
All of that is not surprising. Look at what is happening in the US of the past few years.,
Manufacturing jobs are coming back from overseas. MAKING stuff is actually in vogue again. As well as it should be.
Making stuff is where value gets added and created. The US can't just be a nation of philosophers, bloggers, journalists, historians, artists etc... We need to make stuff that people want to buy / pay money for.
Therefore, it's not surprising that degrees in the area of engineering & science, business & accounting, medicine & biology, construction & manufacturing are very sought after.
-t