Degree Inflation in the US: Why Highly Educated Workers Face Low Pay

Politics

Discover the impact of degree inflation in the US, where even highly educated individuals struggle to secure high-paying jobs.

1Panna cotta★.Dec. 13, 2024 (Fri) 04:52:07.96ID:9kL/QNa99
The goal of higher education is to equip students with new ideas and skills that will pave the way for higher-paying jobs. Many students make this dream a reality. But that doesn’t happen to all students. As the percentage of college graduates increases year by year, more and more graduates are finding themselves limited to jobs previously reserved for people without a college education, and with low salaries, despite having studied at university. This trend was also highlighted in data from the 2023 edition of the American Community Survey (ACS), conducted annually by the U.S. Census Bureau. Read more at Forbes.

「高学歴でも低賃金の仕事」にしか就けない、学位インフレの現実 米国 | Forbes JAPAN 公式サイト(フォーブス ジャパン)
高等教育の目指すところは、新しい発想や技能を学生の身につけさせ、より高収入の仕事に就ける道を開くことである。多くの学生がこの夢を実現する。だが、それはすべての学生の身に起こるわけではない。大卒者の割合が年々増加するにつれ、せっかく大学で学ん...
2Anonymous Donburako.Dec. 13, 2024 (Fri) 04:52:45.02ID:3if+/1wm0
>>1
Well, that’s what happens if everyone graduates from college.
18Anonymous Donburako.Dec. 13, 2024 (Fri) 05:03:30.11ID:i5O2mlSQ0
>>1
I guess it’s similar in Japan.
I don’t know if it’s true, but in Korea, there are a lot of people who graduate from Seoul University but can’t find a job and end up working part-time at McDonald’s.
If you don’t have a high level of education, you can’t even get hired as a part-timer at McDonald’s.
What the hell?
3Anonymous Donburako.Dec. 13, 2024 (Fri) 04:53:56.84ID:xg0uxbf90
Of course there are people who fail even after graduating from college, but 99% of people with low education will spend their lives being overworked and underpaid, so it’s still better to go to college.
26Anonymous Donburako.Dec. 13, 2024 (Fri) 05:10:58.19ID:b3DbqGn70
>>3
I’m also in debt…
4Anonymous Donburako.Dec. 13, 2024 (Fri) 04:54:37.77ID:b7Ep7euo0
The unemployment rate in the US is falling, which is why the yen is depreciating.
5Anonymous Donburako.Dec. 13, 2024 (Fri) 04:54:40.70ID:PsU+o5uO0
Japan was in the same ice age.
6Anonymous Donburako.Dec. 13, 2024 (Fri) 04:54:43.55ID:16SYUZo80
Even in America, liberal arts degrees are things like Black Studies that make no sense.
7Anonymous Donburako.Dec. 13, 2024 (Fri) 04:55:35.78ID:UTXw3Gmr0
In America, 7 million yen a year is considered a low income.
8Anonymous Donburako.Dec. 13, 2024 (Fri) 04:56:12.43ID:6oKTm3Hj0
Everything that happens in Japan is always following in the footsteps of the US. This is the true power of copycat Japan.
84Anonymous Donburako.Dec. 13, 2024 (Fri) 05:42:57.29ID:eo/UGkEG0
>>8
I think it’s the other way around now
But this society of pointless education is like the 90s
with inflation and land prices rising like Japan during the bubble
Next, meritocracy will probably collapse in America too.
10Anonymous Donburako.Dec. 13, 2024 (Fri) 04:56:51.13ID:DwGQFGGZ0
It seems like it would be easier to become a YouTuber with 500,000 subscribers and earn 30 million yen a year than to graduate from Tokyo University.
20Security guard [lv.13].Dec. 13, 2024 (Fri) 05:04:03.54ID:xPL6DL070
Even if you go to university and get credits, you’ll forget them during summer and winter vacation, so if you don’t keep at it, it’s no good.
24Anonymous Donburako.Dec. 13, 2024 (Fri) 05:05:58.47ID:eQYgifEO0
China and India are facing the same problem, it’s a global issue.
27Anonymous Donburako.Dec. 13, 2024 (Fri) 05:10:59.88ID:2jbgx2F90
Anyone who can acquire skills has probably graduated from college.
28Anonymous Donburako.Dec. 13, 2024 (Fri) 05:11:10.46ID:kiZQRaSK0
Two PhDs and no job. A public health crisis where the only way to remain competent is to regularly take medication for developmentally disabled children. How did we get to this point?
29Anonymous Donburako.Dec. 13, 2024 (Fri) 05:13:05.97ID:kiZQRaSK0
Because there is a community college, everyone can enter university. That’s America, a country where poor people go to war to get into a four-year school. That’s America.
31Anonymous Donburako.Dec. 13, 2024 (Fri) 05:14:14.75ID:0u5bPPKo0
It’s always been like that in Japan, but now the lefties are telling us to “stop discriminating against people based on educational background,” and instead, it’s like high school graduates are given preferential treatment and college graduates are treated poorly. Is it even happening in America? Lefties are scary. We need to evaluate intellectual work more properly.
55Anonymous Donburako.Dec. 13, 2024 (Fri) 05:31:27.41ID:YiG9VJ740
>>31
The use of AI will leave almost no room for intellectual labor
The only use for it will be for pointless ceremonies
and that is exactly what is truly useless.
33Anonymous Donburako.Dec. 13, 2024 (Fri) 05:16:56.91ID:l/k/+ETd0
Connections are important. Japanese people know this deeply in the ice age.
34Anonymous Donburako.Dec. 13, 2024 (Fri) 05:16:57.65ID:TdzIx6k20
Because of the declining birthrate, it’s easier to become highly educated.
35Anonymous Donburako.Dec. 13, 2024 (Fri) 05:17:12.85ID:yjj/FVPQ0
I can sharpen chisels and planes, I can make plane scraps that look like saran wrap, and I’ve secretly been teaching myself the skills that carpenters no longer use.
36Anonymous Donburako.Dec. 13, 2024 (Fri) 05:18:22.83ID:VTaFrSOs0
Then why not just reduce the number of students admitted to universities?
37Anonymous Donburako.Dec. 13, 2024 (Fri) 05:18:59.93ID:39mngbfi0
It’s the same in Japan. There are guys who say they graduated from XX University during their break and then work in a warehouse.
38Anonymous Donburako.Dec. 13, 2024 (Fri) 05:19:06.52ID:ySEEWoTW0
For capitalists, it’s an ideal environment to be able to choose high-performance workers at low cost.
39Anonymous Donburako.Dec. 13, 2024 (Fri) 05:19:49.34ID:s0i7q3a80
Employment is only created by a few super genius inventors. Nichia Chemical, the maker of the Nobel Prize-winning blue light-emitting diode, has its headquarters in Anan City, Tokushima Prefecture, and has 10,000 employees with an average annual salary of 6.7 million yen. General trading companies cannot operate without high-value products that can be used to cut profits. Essentially, high-wage jobs will not increase unless we develop the science and engineering talent that is the reserve force of inventors.
40Anonymous Donburako.Dec. 13, 2024 (Fri) 05:21:25.25ID:sHUQmmeJ0
People who realize they can multitask by working remotely are thriving with double and triple incomes. Employees are kept in captivity.
42Anonymous Donburako.Dec. 13, 2024 (Fri) 05:23:38.23ID:kiZQRaSK0
So it’s non-cognitive abilities that are important: building and maintaining trusting relationships with others, strategically allocating attention and controlling emotions, and being able to ask for help.
47Anonymous Donburako.Dec. 13, 2024 (Fri) 05:26:46.68ID:PdgYQtmK0
>>42
So basically, they think it’s useless now.
43Anonymous Donburako.Dec. 13, 2024 (Fri) 05:24:36.00ID:Yy3XMtiw0
When I see that the second-generation dopey son of my company can become the president, I think connections are the most powerful tool.
45Anonymous Donburako.Dec. 13, 2024 (Fri) 05:25:34.37ID:IdoZppX10
Originally in America it’s all about skills over education, Japan is the only country that talks about education lol.
56Anonymous Donburako.Dec. 13, 2024 (Fri) 05:32:00.72ID:PdgYQtmK0
>>45
That’s true because we live in a society where changing jobs helps you advance your career.
They take time to look at your skills when hiring.
A key engineer from the local California subsidiary left, so I went to fill the gap.
His predecessor moved to Apple, and the interview stories were interesting.
I also hired a successor after I took over the job, but it took about two months to look at his skills.
69Anonymous Donburako.Dec. 13, 2024 (Fri) 05:37:56.69ID:UTXw3Gmr0
>>45
Educational background just divides social classes lol.
88Security guard [lv.17].Dec. 13, 2024 (Fri) 05:44:07.77ID:ccbzTsAF0
>>45
America is a more academically-oriented society than Japan.
65Anonymous Donburako.Dec. 13, 2024 (Fri) 05:36:02.29ID:EnYXRgsd0
Both China and the United States have reached the limit of education-based societies.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1734033127

Other languages: 「高学歴でも低賃金の仕事」にしか就けない、学位インフレの現実米国, La realidad de la inflación de grados en Estados Unidos, donde incluso las personas con un alto nivel educativo sólo pueden conseguir empleos con salarios bajos.

Comments

Copied title and URL