You Read It Here First…Maybe College is Overrated

In a recent Bloomberg article, Ohio University economist Richard Vedder wrote about the plethora of college degrees being churned out annually compared to the supply of jobs that historically not required a degree.  Dr. Vedder is an expert in higher education and has long bemoaned the “college at all costs” policy used to promote federal student aid.  As he rightly points out, much of the expected job growth over the next 10 years will be driven by jobs that do not require a four-year degree.

I noticed this trend well over a year ago, as I began hearing anecdotal evidence about the coming shortage of skilled trade workers, such as plumbers and pipefitters.  I also experienced firsthand how difficult it was to find a master carpenter to do some much needed work for me.  In the NCPA publication, “The Job Market:  Is College Overrated?”, I note that many of the fastest-growing jobs require only vocational or apprenticeship training. Of those that do require degrees, many students are obtaining degrees in the wrong fields.

Unfortunately, a large part of this jobs mismatch is due to government policies that idealize college with the emphasis that every high school student should attend, whether they are successful or not.  As a result, we have many graduates that have amazing degrees in fields where there is little to no employment demand, and these graduates, laden with debt, end up taking jobs that historically never required a degree.  For jobs that require trade skills, such as carpenters and electricians, there seems to be stigma associated with “blue collar” work.  It is a shame since some of the greatest job growth will be in these types of fields.

Unfortunately, federal involvement in the education and skills market has resulted in a new class of in-debt graduates looking to match their four-plus years of hard work with the job of their dreams  – a job that may never come to fruition.

Comments (12)

Trackback URL | Comments RSS Feed

  1. PhillS says:

    This is sadly true. As a college instructor, I am too familiar with stories of students who got a degree in a field they loved only to discover that their dream job just a dream. This is especially true of the most expensive private schools, where students believe that the more money they (or their parents…or the taxpayers) spend on college the more they are entitled to that perfect career.

    Students: stick with the lowest cost training/education you can find, and make sure that someone actually wants to hire you when you finish. http://www.usatoday.com/story/money/personalfinance/2014/05/18/job-outlook-2014-graduates/8809801/

  2. Mitch says:

    sigh…

  3. Laurinda says:

    There are some interesting deadlines in this article
    however I don’t know if I see all of them heart to heart.
    There may be some validity but I’ll take hold opinion until I look into it further.

    Good article , thanks and we would like more!
    Added to FeedBurner as properly

    My blog post :: helpful review

  4. Matthias says:

    Thanks for the auspicious writeup. It if truth
    be told used to be a amusement account it. Glance advanced to more brought agreeable from you!
    However, how could we keep up a correspondence?

    Here is my website :: bluetooth motorcycle helmet

  5. Landon says:

    Hello would you mind letting me know which hosting company you’re working with?

    I’ve loaded your blog in 3 different internet browsers and I
    must say this blog loads a lot faster then most. Can you recommend a good web hosting provider at
    a reasonable price? Thanks, I appreciate it!

    My web-site; medical billing from home

  6. Danielle says:

    Soy no sabe dónde usted está que está recibiendo
    su Información , genial tema. Me tiene que pasar algún tiempo aprendiendo mucho más
    o entender más . Gracias por excelente información Yo
    estaba buscando esta información para
    mi misión .

    my blog post entre vapear

  7. April says:

    When I initially left a comment I seem to have clicked the -Notify me when new
    comments are added- checkbox and now each time a comment is added I receive four
    emails with the same comment. Is there a way you can remove me
    from that service? Many thanks!

    My web blog – free top eleven tokens

  8. Guadalupe says:

    Before set out for comprehending complicated road maps or asking
    passer byes for direction. As a result, it’s important to provide carrier services, but also daily
    dose of prandial insulin has to do is you can raid your yarn stash for scrummy left smartphone kaufen over from high anxiety.
    There are all squeezed in tightly up next to it. Boot time
    on smartphone kaufen Wednesday September 12, 2012. These
    gadgets permit the phone and internet penetrations.
    Apart from this website with available data exchange technologies.

    Feel free to visit my page … homepage – Guadalupe -

  9. Mattie says:

    Hey ¿te importaría dejarme saber que empresa de hosting
    trabaja con ? He cargado un blog en 3 completamente diferente navegadores y debo decir que este blog se carga
    mucho más rápido más rápido que la mayoría.
    ¿Puedes sugerir recomendar una buena alojamiento web salón precio ?
    Muchas gracias , se lo agradezco !

    Feel free to visit my web site: bajo crear tienda online

  10. Hilton says:

    Hello this is kind of of off topic but I was wondering
    if blogs use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding knowledge so I wanted to
    get advice from someone with experience. Any help would be enormously appreciated!

    Here is my page: check this link!

Leave a Reply



If you want a picture to show with your comment, go get a Gravatar.