Here is a disturbing labor trend:
... some time over the next two decades, the labor force participation rate of high school dropouts in the US labor pool may be the same, if not higher, than that of college grads.
And while one can debate what is causing this troubling compression, the implications for future US productivity should the US labor force become increasing saturated with minimally skilled workers at the expense of qualified college grads, is rather dire.
You can read the rest @
https://www.zerohedge.com/news/2018-11-02/college-grads-vs-high-school-dropouts-disturbing-observation
Looks like the major impact of getting a college degree is the accumulation of student debt.
And as robots and AI take over even more jobs, will anyone bother to go to college?
No comments:
Post a Comment