Sunday, April 28, 2024

In case you wondered …

… Why College Degrees Are Losing Their Value.

I graduated from college in 1964, when fewer than 10 percent of the population had a bachelors degree. Today that number has increased to more that 50 percent. But many recent college graduates I have met fail to impress — such as the one who a few months ago interrupted a conversation I was having over a beer with an artist friend of mine to tell us that Hitler wasn’t a socialist. We weren’t talking about Hitler or socialism, but I turned to him and said, “Guess you don’t know German.” Then I told him that NAZI means Nationalsozialistische Deutsche Arbeiterpartei — National Socialist German Workers Party.
Of course, when I went to what is now St. Joseph’s University, it only cost $600 a year, which my family could afford. Now it’s about 50 grand. Hence, the student loan problem.

No comments:

Post a Comment