With the world economy still recovering from the Global Financial Crisis (GFC), unemployment continues to hamper many countries and people are struggling to find work and study opportunities.…
The new economy which prefers a degree to get a decent paying job downgrades many people to low paying, dead end jobs. Because of this members of society may have felt a sense of bleakness and depression toward their future and their narrow options.…
Every year there is rise in demand for jobs, people are striving for better qualifications, and at the same time less jobs are becoming available. Go back 20 years and you will find that graduates were going straight into their job they had studied for 4 years to do, but that unwritten guarantee is no longer a given in today’s world of employment. The competition for jobs is gaining, over the past 10 years the percentage of employment-to-population ratio has dropped by 3%, because of the increase in population, without the increase in jobs.…
Having a hard time finding a job because you are “over qualified”? Well, not to worry, you are not the only one. According to Statistics Canada, one in every five people in the work force who have a university education are “overqualified”. Overqualified is defined as,” more experienced and educated than you need to be to do a particular job”(macmillan). In other words, all those hard years, and those thousands of dollars spent on higher education, won’t always pay off. In Adrian Wooldridge’s article”Dr. Dole Queue”, he claims that degrees have lost their value. Not only are students being ripped off financially, but, according to Wooldridge, they are also being stripped of their “best years”. For example, In 2008, according to the Bureau of Labour Statistics, over 10,500 Americans with PhDs or professional degrees were employed as “cashiers”, over 27,400 as shop assistants and over 4,700 as hairdressers, hairstylists or cosmetologists. In other words, Students spend many years and thousands of dollars trying to achieve their degrees, BA’s and PHD’s, and in the end, there may not even be a worthy pay off. With, more and more students receiving these degrees they are not befitting themselves, rather they are just simply neutralizing each other’s qualifications. Wooldridge argues that spending time in the workforce, rather then enrolled in higher education, it will benefit a person alot more due to the fact that the on hands experience is what will help you to succeed. In my essay I will demonstrate how Wooldridge argues that the problem with students spending more time enrolling in higher education is that they diminishes the value of their qualifications, which in turn causes it to become more and more specialized. It is clear that higher education is no longer as respectable as it has been in the past.…
And many of those who took out loans will drop out of college stated in the article by The Economist: “It does not help that nearly a third of those who take out such loans eventually drop out of college; they must still repay their debts” (Is College Worth It). This statistic means that students will have a huge burden of debts when they drop out of college. Without their degrees, they will have a hard time paying back their loans. Students would be better off if they had applied for a job after high school. Also, a survey states that: “… only half of graduates feel prepared for a job in their field, and only 39% of managers feel that students are ready for the workforce” (Is College Worth It). This shows that even though they have a degree for their field many of them are not ready for the real world. They need more on hand experiences and even possibly part time jobs to get them to be used to the working experiences. According to an article, “Well-Prepared in Their Own Eyes” by Scott Jaschik, employers prefers well rounded employees even if they have a degree in their field. Employers felt more confident in their skills if they had real world work experiences and not just lectures from colleges. Because managers think recent graduates lack the skills they need, it means they will have a hard time…
Although they are less likely to be recruited, employment after college is not as affected. “The national unemployment rate for college graduates under 25 in 2010 was 8 percent, up from 6.8 percent in April 2009 and 3.7 percent in April 2007” (The Mount Holyoke News). Despite the great recession, according to the article, our recent graduate have done well. “Our students have the critical thinking skills, the communication skills, the ability to understand. The ability to communicate across cultures-the things employers really look for” (The Mount Holyoke News).…
Firstly, some people argue that post-secondary education is not necessary for work, in actuality, education increases job opportunities for individuals. Poverty, homelessness, unemployment: these are some of the worst aspects that plague our society. How can people combat these problems? One possibility is through the increased education of our youth. Nowadays, we have a lot of various schools to choose from, not only universities, but also vocational schools, trade schools, and career colleges. They provide several useful courses, such as Applied Science, Business Administration, Design, Engineering, Information Technology and Languages. These courses contain their own professional knowledge and skills. After the studies, students must acquire a lot of useful information about their future careers. Taking an example of engineering, not only can students acquire subject knowledge, they can also get an opportunity of internship. This internship experience will be a stepping-stone for students to obtain an official job after graduation. Next, many countries in Europe provide either free or heavily subsidized…
People around the country are living in a very hard economic crisis that they have experienced since 2008. This difficult situation has created circumstances that cause people to lose their jobs and companies taking the options of laying off employees, creating a big impact in many families around the country. This situation has not improved at all in the last three years, which makes it very hard for anyone to find a job. The consequences for all these changes are affecting families’ lives in different ways emotionally, socially, and financially. According to the United States Department of Labor, the unemployment rate in March was 8.8%, which is still very high, and gas and food prices continue to increase creating a worse situation for all of the people which are unemployed today (National Conferences of State Legislature, 2011). Many unemployed people have decided to go back to school and receive better education, getting a degree can give them an opportunity to find a better job with superior income. However, in result of the economic crisis people have found ways of becoming more self-efficient, educated, and family oriented.…
Economic and social reasons are the major constitutive factors that sparked off my motivation for attending college. Conventional wisdom has it that a degree has monetary implications on the employment market. However, in 1998, a study conducted by Institute for Higher Education Policy confirmed that degree holders harvest more financial benefits than high school graduates or dropouts. The first clue is that a Bachelor notably increases the earning power by about 75%. The second indicator is that unemployment rate with a Bachelor is half as important as with a High School Diploma. The third gain is in relation with savings since a graduate has a superior pecuniary potential and therefore economizes more. The fourth point is concerned with working conditions. Indeed, graduates habitually keep white-collar jobs. Accordingly, the employee's situation is less strenuous and health impairing. The fifth indicator is of noteworthy weight in global economy for linked with the professional, and to some extent personal, mobility.…
It is a time where the accomplishment of a high school diploma is not enough to have a well-paid career. The struggle is hard enough to finish high school for students whose family is in need of some financial stability. The decision of getting a job or to continue on education after high school is a tough choice. Even though a student may want to help out the family with an extra income, he or she will realize it is not so easy anymore. Every day it gets harder to get a job not because of the economy, but it is the requirements the employer wants the employee to have, one of which is a college degree. The pressure of family responsibilities make the student stressed, and so they are stuck between keeping the…
Today, some students go to school to find an education and get their degrees to follow their dreams. “The students who is not ready for the academic and financial challenges of college is the most common” (Pharinet 690). Some of the students are not ready for college, some cannot afford to go. Others just think it’s a waste of their time. Today’s society, you are not able to find a job without a degree of some kind. Most of the students that begin college drop out in the middle of the semester or after their first year. Not every job is required a degree to work.…
With a competitive job market like these days, employers not only require real experiences but also a certain degree in university when you apply for a job. The higher your degree is, the more decent the salary is going to be. Knowing this fact, however, some students still fail to finish their degree before graduating. For instance, in Viet Nam, there are approximately four hundred thousand people attend to university each year but then after 1 or 2 years the number leaving out is up to about 10%. There are two reasons why people cannot follow the higher education path till the end.…
In conclusion, going to university or working after high school graduation will drive students’ life into two separate ways in regard to knowledge and financial aspects. It is very important for each individual to ponder before choosing the most suitable path to success in the future.…
Decisions Without Direction Career Guidance and Decision-Making Among American Youth A study conducted for Ferris State University’s Career Institute for Education and Workforce Development, in partnership with the National Association of Manufacturers, the Precision Metalforming Association Educational Foundation and the Associated Equipment Distributors Foundation May 2002 Table of Contents Executive Summary A brief overview of the findings and conclusions from the national study 1 Comprehensive Report and Data Summary Complete findings and overview of the survey instrument and data 9 Appendices Two recent journal articles addressing issues in career counseling and decision-making, as well as overviews of career-development, research and educational efforts supported by the study’s sponsors 57 Decisions Without Direction: Career Guidance and Decision-Making Among American Youth Copyright 2002 Ferris State University Career Institute for Education and Workforce Development Dan Hurley and Jim Thorp, editors, with data collection and assistance from EPIC-MRA, Lansing, MI Executive Summary Overview: Toward Better Career Prep…
Linh: Yes, I do agree with your opinion, but you know, university is not the only wa to go in life. In reality, many people achieve their goals but have no qualifications. They sucess because of their effort and their ability. You know, they always want to have knowledge as much as possible. They study at university and experience themselves on part-time job in their free time. And it brings so much experience. So, although they don’t succeed on their studying, they still accumulate much experience and ability for themselves. In the end, they become a professional in field which they are working.…