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originally posted by: rickymouse
Employers used to train the workers before. The worker started out at a reduced wage and worked their way up to the top pay within four or five years. But the workers got paid for learning. I trained quite a few workers in my life, They went on to other jobs with a good reference.
Our society has turned sideways now, I do not know how that could possibly happen, most of the things kids go college for could be learned on the job. I think that the Education field is poisoning our youngs minds, not everyone needs to go to college. You just need to learn proper work ethics when you are done, they do not teach that in school evidently.
I'm in IT which is dangerously close to automation.
Are you uhhh... hmmm.. so which is it?
In fall 2016, some 20.5 million students are expected to attend American colleges and universities, constituting an increase of about 5.2 million since fall 2000 (source).
In 2014, about 73.5 percent of 25- to 34-year-olds with a bachelor's or higher degree in the labor force had year-round, full-time jobs, compared with 65.8 percent of those with an associate's degree, 61.6 percent of those with some college education, 65.3 percent of high school completers, and 55.1 percent of those without a high school diploma or its equivalent (source). In 2015, the unemployment rate for young adults with at least a bachelor's degree was lower than the rate for young adults with some college (2 vs. 6 percent), and the unemployment rate for young adults with some college was lower than the rate for those who had completed high school (9 percent) (source). In 2014, for young adults ages 25–34 who worked full time, year round, higher educational attainment was associated with higher median earnings; this pattern was consistent from 2000 through 2014. For example, in 2014 the median earnings of young adults with a bachelor's degree ($49,900) were 66 percent higher than the median earnings of young adult high school completers ($30,000). The median earnings of young adult high school completers were 20 percent higher than the median earnings of those without a high school credential ($25,000). In addition, median earnings of young adults with a master's or higher degree were $59,100 in 2014, some 18 percent higher than the median earnings of young adults with a bachelor's degree
originally posted by: VekTorVik
a reply to: BELIEVERpriest
They are overpriced, but that is the cost. You can apply for grants and scholarships. You can apply for loans. Or you can do nothing and write on some conspiracy website about how unfair it is.
STUDENT DEBT STATISTICS BY LOAN STATUS (DIRECT LOAN PROGRAM)
Loans in repayment $478.6 billion 15.7 million borrowers
Loans in deferment $107.3 billion 3.5 million borrowers
Loans in forbearance $96.2 billion 2.6 million borrowers
Loans in default $67.5 billion 4.0 million borrowers
Loans in grace period $50.1 billion 2.0 million borrowers