[quote=CA renter]Students/job seekers are being fed the myth that *they* are the problem, when (IMO) the problem is our global economic system. We have an oversupply of labor, globally-speaking, and demand for the goods and services being sold is drying up in many cases. So now, parents are expected to shell out upwards of six figures for their children’s educations without any guarantee of a decent job…or even if the decent job exists today, no guarantee that the specialized training will be able to qualify that person for a job in another field if the job market should change.[/quote]Really? Upward of 6 figures? CSU tuition are only ~$6k/year while UC are about $12k/year. That’s hardly 6 figures. Now, if you waste your money on private school for a degree that doesn’t pay, well, that’s essentially your own fault for wasting that money. No one forces you to pay $40k/year for a BA in underwater basket weaving.
[quote=CA renter]And let’s just consider for a moment what would happen if *everybody* got an engineering degree. What would happen to wages for those job applicants? Would our economy, or the job market, be any better off? If we compare the “innovations” of the past few years with the innovations from our “glory days” in the 1940s-1960s, we’re not doing so well. If Facebook is what we consider to be innovation and progress, then we’re in serious trouble, IMHO.[/quote]There’s much more than just Facebook. How about iPhone, Android phones, iPad, autonomous cars, drones, computing power that far exceed desktop computers from 10 years ago in the palm of your hand, 24/7 connectivity, ability to communicate and see people across the globe, voice recognition, nano-tech, biotech, etc. I can go on and on and on. You seriously need to open your eyes if you think Facebook is the only innovation we got in the last few years.
As for if everyone has an engineering degree, you fail to see that it’s not a zero sum game. Even more start ups will occur and maybe we’ll find new markets and new innovations. Maybe we’ll have EV cars that can drive 1000 miles and cellphones that’ll last a month. Maybe we’ll have a cure for cancer and AIDS. Maybe we’ll be able to do things we never would have thought of.
