I found this interesting article on the front page of Google News the other day. The story is called “The Master’s as the New Bachelor’s”. This kind of confirms my suspicions as to the over-education of our workforce. A friend of mine who was between ministry jobs, working part time at a retail store, told me that more than half the people working there had college degrees. So, those people went to college and probably took on debt in order to get a job that a high-school diploma qualifies them for? It doesn’t make sense. Furthermore, a person who hires engineers once told me that he considers a Bachelor’s degree from a recognized engineering program (think major public university) to be on par with a Master’s Degree from a regional school. So he hires those people on the same pay schedule, even though one likely has twice the debt of the other (Graduate school is much more expensive than Undergraduate school). That sort of economics doesn’t work. Yet, our government’s answer to the unemployment rate seems to be – more people going to college… What?

Let’s say you mow a few lawns while you are in high school, and by the time you graduate you make as much as some of your friends who work hourly jobs. Let’s say $300 a week. Instead of going to college, you work on developing a business, and then when they graduate college (with lots of debt), you are making $600 a week. So someone who didn’t go to college, might make (50*600) $30,000 a year. In six more years you might double that and actually be making more than the person who went to college. But, you still don’t have debt.

I think we don’t need more people going to college. I think we need more people to be trained for jobs that are needed. If they are willing to work hard and find a mentor for advice, they might come out better in the end.

But, I’m someone who has been a student in higher education for 13yrs. I’m a professional student. So, I like education. In fact, I want to teach undergraduates and graduate students. But, I think that there is quite a lot one doesn’t learn in the classroom. While being a full-time student, I worked 9 of those years. Formal Education isn’t always the answer. Sometimes it is, but sometimes mentoring and professional development, as well as networking will go just as far.

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