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by AnthonyMouse
2730 days ago
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> As you point out - the fact of the matter is that an undergraduate degree in business, engineering or medicine costs the same as a degree in art, social work or childhood education and pays about 3-4 times as much. And one of the major reasons for that is that we continue to produce an oversupply of liberal arts graduates, who then get stuck in food service rather than actually working as a teacher or psychologist, while their existence suppresses wages for anyone who can actually find work in those occupations because the employers can choose the lowest bidder from a desperate population of qualified applicants. It's like saying corn farmers are having a hard time, so let's subsidize the production of corn. Well, then there's too much corn, and what does that do to the price of corn? |
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