investmentwatchblog.com / BY· JUNE 23, 2017
by Robert Carbery
Why would one go to college these days?
College degrees are becoming close to useless these days as young Americans continue to rack up debt with little to no hope of paying it off. Our universities today have become liberal utopias where the students run the show and can get away with whatever they want in their never ending search for that safe space.
Jonathan Newman recently compiled some stunning revelations of the current state of college in America today in the Mises Wire.
First of all, graduates are not learning how to think better in college, so what is it they are doing nowadays?
According to The Wall Street Journal, “At more than half of schools, at least a third of seniors were unable to make a cohesive argument, assess the quality of evidence in a document or interpret data in a table”. The outcomes were the worst in the biggest flagship schools: “At some of the most prestigious flagship universities, test results indicate the average graduate shows little or no improvement in critical thinking over four years.”
That undergraduate degree is not as necessary in today’s workforce. Skills are more vital than degrees. One example of the free market adapting to a college degree’s devaluation is Google not caring if potential hires have one or not. They look past academics and focus on other characteristics that better predict job performance.