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6 Million More Students With Bachelor’s Degrees Than Jobs Available for Them
d2d
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freebeacon.com/issues/6-million-more-students-with-bachelors-degrees-than-jobs-available-for-them/
WASHINGTON, DC
Expert says one-third of those with bachelor’s degrees are in jobs that don’t require them.BTW, for the past 7 years the man in charge of creating new jobs in America has been Joe Biden.
There are 6,455,300 more students with bachelor’s degrees today than jobs available for them, including jobs that would be created in the next seven years, according to data from the Bureau of Labor Statistics (BLS) and the National Center for Education Statistics.
freebeacon.com/issues/6-million-more-students-with-bachelors-degrees-than-jobs-available-for-them/
Comments
This means that the number of Americans who hold bachelor’s degrees now, in their working years, exceeds the number of jobs created by 2022 for bachelor’s degrees by 6,458,300.
Learn to code, account or weld and you're employable for life.
That will fix everything.
I know you like memes.
Of course the empty suit in the White House more than doubled down and gave away even more money and subsidized loans:
They should do a European model in which kids take an aptitude test between 7th and 9th grade. The smart kids can prepare for a college career. The others can figure a trade or some vocation they like and prepare for that Instead of wasting time at a job they hate in their 20s.
why.
What do you think he was saying?
He was actually saying, falsely, that Obama has caused student loan debt to increase from $19 billion to $707 billion because of Obama. Which is about as fucktarded of statement as he can make. You on the other hand clearly have the skills to make a more fucktarded statement.
Any more questions?
Still, the cumulative amount the Federal Government borrowed from 2009 through 2014 was reckless and the year over year increases appalling:
From 2009 to 2010: increase of $80 billion
From 2010 to 2011: increase of $148 billion
From 2011 to 2012: increase of $151 billion
From 2012 to 2013: increase of $149 billion
From 2013 to 2014: increase of $123 billion
Feel-good bleeding heart intentions actually lead to nimbler / smarter enterprises bleeding them of taxpayer money. From this chart excluding residential mortgages, you'll see that the excesses of the previous cycle (HELOCs & Credit Card Debt) have been replaced by Federally financed (meaning taxpayers) Student Debt:
And why we should be concerned about the Hildabeast winning since she'll likely continue the empty suit's misallocation of capital and malinvestment towards people wanting to major in gender studies:
That being said, you are being blinded by " facts " and don't even understand the charts you are presenting.
Yes the government is lending to students and yes the amount is growing. But unlike what Sark says, it's not "free". They generate income in the form of interest that the student pays.
That being said, what is your proposed solution? What do you think your candidate will do to fix this issue?
And how can student loans generate income if students default on their loans because no one wants to hire a Gender Studies grad from a crappy school? Not only is that loss of interest income, it's loss of principal...forget return on taxpayer money, that's not even return OF taxpayer money. The highest amount of dropouts are from for-profit schools like Apollo or Corinthian, money the Federal Government shoveled out:
And the Federal Government can "fix" the issue by withdrawing from their financing. Plus birthrates peaked in 1989-1990 so college enrollment has been declining, which will naturally put downward pressure on tuition at most decent schools.
There will not be downward pressure on tuition at schools. Our economy is transitioning to one where there is less blue collar jobs and more jobs that require degrees. Not to mention, more gay people that want to major in gender studies.
Most people hear "Free College" and disengage their brain at that point. They don't think about how it would actually work and that by its very nature, "free college" would be rationed by the government.