College Degree or Skill Certification?
It isn’t a choice between college or no college. It is a question of “Why not get a skill and earn while you learn?” instead of gambling on years of debt for a degree that may not qualify you for a job in today’s economy.
Why aren’t we asking what are the options to an expensive college degree and debt and no job as a result?
Education is important to everyone. The point isn’t about who shouldn’t have an education. The questions to be answered are:
- “Will your expenditure on a college education actually facilitate your getting employment?”
- “What education will best help me assure employment and earnings?”
In its June report, the Federal Reserve Bank of New York reported that 44% of young college grads are underemployed.
The experience of recent college graduates, shows us today that a college degree is neither a guarantee of a job nor of a career. Not to mention the fact that getting a college degree is increasingly expensive to the point of creating a financial hardship because of the debt involved.
If on the other hand, one targets on obtaining technical skills, the experience is quite different- the majority of students in Machining Courses that I have spoken with have had multiple job offers- before they graduated! Link 1 Link 2 Our latest survey of businesses in precision machining showed employment prospects to be extremely strong- 99% of respondents felt that employment would remain the same or improve over the next 3 months. 99%!
We are not “against college.”
We are against accumulating debt that will not provide a return on investment.
Many college grads are finding out that college did not provide them with a guarantee of a job nor with any ability to earn enough to pay their college loans.
Students pursuing a skilled trade, on the other hand, are finding multiple job offers, interesting work, no debt, and employers willing to underwrite their further college education.
Ask the right questions. Answer the right questions. It isn’t a choice between college or no college. It is a question of why not get a skill and earn while you learn instead of gambling on years of debt for a degree that may not qualify you for a job in today’s economy.