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Bleak stuff

Educational Attainment and Underemployment "The number of college graduates is expected to grow by 19 million, while the number of jobs requiring a bachelor’s degree is expected to grow by fewer than 7 million. We are expected to create nearly three new college graduates for every new job requiring such an education. Currently, more than 20 million college graduates are underemployed—working in jobs requiring less education than they have, but that number will likely soar to nearly 30 million in the coming decade as a consequence of the number of graduates growing by 12 million more than the number of jobs."
posted by bookman117 on Feb 2, 2013 - 106 comments

The Corporatization Of Higher Education

In 2003, only two colleges charged more than $40,000 a year for tuition, fees, room, and board. Six years later more than two hundred colleges charged that amount. What happened between 2003 and 2009 was the start of the recession. By driving down endowments and giving tax-starved states a reason to cut back their support for higher education, the recession put new pressure on colleges and universities to raise their price. When our current period of slow economic growth will end is anybody’s guess, but even when it does end, colleges and universities will certainly not be rolling back their prices. These days, it is not just the economic climate in which our colleges and universities find themselves that determines what they charge and how they operate; it is their increasing corporatization. If corporatization meant only that colleges and universities were finding ways to be less wasteful, it would be a welcome turn of events. But an altogether different process is going on
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posted by the man of twists and turns on Nov 14, 2012 - 69 comments

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