Too many degrees

Have you ever heard that you need to go to college to get a good job? I know that I did. Heck, my parents practically tied me up and took me to the military recruiter because I didn't go to college. The reason that our parents thought that college was so important is because of how well college graduates did in college.


In 1950, only one third of the adults in the United States had a high school diploma. Many of the adults were blue collar factory workers and made a good living. Only about 1 in 20 adults had graduated from college.
That was before education became big business. School became easier, and kids were passed on to the next grade, not because they had mastered the skills needed, but because teachers were afraid of damaging the kids' self esteem. In 2010, 80 percent of adults were high school graduates, and 20 percent had a 4 year degree or more.

So the latest generation is flush with college degrees that mean little, because many schools are offering degrees in things that are not needed job skills. Because we have all of these degrees, we are demanding high wages, and this has driven the blue collar jobs out of the country. Unemployment is rampant. At the same time, we are paying people the equivalent of $10 an hour to sit at home for up to two years, so there is little to no incentive for work.
Instead of making things like cars and appliances, we sit around and make war and college graduates with degrees in French Poetry and Women's Studies. We spend money like there is no limit, and for that we are doomed. Soon, we will reach the nation's credit limit, and our time as the world's superpower will be over. I find myself wondering how hard the times that are coming will be.