Bad Economics: College degree’s & Income inequality

[Overnight]

Bottom line, the USA needs to focus on merit and not equity.

It is not the degrees that are useless... It is the idea that we need degrees to do the most basic shit in a job that anyone with half a brain can do. The problem is the HR management that says, "We cannot have this person do this work unless they have a college degree".

Yeah, right. Tell that to Billy Gates, a college drop-out. Uh huh.

 

[Pekelo]

It is not the degrees that are useless... It is the idea that we need degrees to do the most basic shit in a job that anyone with half a brain can do.

Why not both? They are not mutually exclusive.

Some degrees are worthless and some jobs need no degree, even when they ask for one.

 

[Overnight]

...

and some jobs need no degree, even when they ask for one.

That is the problem. The jobs do not need a "degree", but they ask for it anyway. So you are putting off a shitload of people who can do the job greatly, just because they don't have a " degree".

 

[VicBee]

its 90% Chinese or Malay, that is not nearly close to the USA

Precisely, Chinese was 74.3%, Malay was 13.5%, Indian 9% and other was 3.2%. If you knew anything about southeast Asian history you wouldn't put Chinese and Malay in the same category. Malay speak primarily Malay and other dialects among themselves and are Muslim while Chinese speak a variety of dialects (Hakka, Hokian) and Mandarin depending on how many generations ago they immigrated to Malaysia, then Singapore, and they are predominantly Christian. Add Buddhist and Muslim Indians originally from various parts of India and Sri Lanka, foreign helpers from the Philippines, Indonesia and Burma and westerners from around the globe and Singapore is nothing homogeneous.

 

[VicBee]

Bottom line, the USA needs to focus on merit and not equity.

Another one who hasn't watched the video...

 

[schizo]

It is not the degrees that are useless... It is the idea that we need degrees to do the most basic shit in a job that anyone with half a brain can do. The problem is the HR management that says, "We cannot have this person do this work unless they have a college degree".

Yeah, right. Tell that to Billy Gates, a college drop-out. Uh huh.

What? You never judge a book by its cover? Yeah, right.

 

[schizo]

Why is the government paying for sociology, communications, and art degrees? Its ridiculous.
Perhaps the government will only help pay for certain degrees such as engineering?
Even then its a slippery slope.

We need ro eliminate useless degrees.

Now you're starting to sound stupid. Do you think education is all about MATERIAL SUCCESS???

We already have too many mindless/heartless idiots on the market who only care about money. Is that what you really want for our future?

 

[VicBee]

That is the problem. The jobs do not need a "degree", but they ask for it anyway. So you are putting off a shitload of people who can do the job greatly, just because they don't have a " degree".

Interesting point and one I struggle to support either side. In Europe one needs training of some sort to do most any job, including cab drivers and waiters, which involves class attendance, testing, and fee. Such types of regulations didn't really exist in the US 30 years ago but are creeping in as well.
Their goal is double edged; one one side they aim to add skills and professionalism to a job type, on the other side such degree serves to prevent non holders from performing the job and create defacto segregation.
The question then is, who is ultimately to benefit from that training? I think it's the customer. One may not like the arrogance of a French waiter, but no one can criticize their impeccable skills and professionalism. In the US, half the time I wonder how the hell my waiter got their job in the first place.
This doesn't mean someone with the right attitude can't master the complexity of a waiter's job without having to go to school for it. And for that person it's just not right to impose time, test and cash to reach their humble goal.

I'll sit on the fence on that one.

 

[NCC1701]

Precisely, Chinese was 74.3%, Malay was 13.5%, Indian 9% and other was 3.2%. If you knew anything about southeast Asian history you wouldn't put Chinese and Malay in the same category. Malay speak primarily Malay and other dialects among themselves and are Muslim while Chinese speak a variety of dialects (Hakka, Hokian) and Mandarin depending on how many generations ago they immigrated to Malaysia, then Singapore, and they are predominantly Christian. Add Buddhist and Muslim Indians originally from various parts of India and Sri Lanka, foreign helpers from the Philippines, Indonesia and Burma and westerners from around the globe and Singapore is nothing homogeneous.

you have no idea what race politics is like in the US if you think that 'diversity' resembles the US

 

[NCC1701]

Interesting point and one I struggle to support either side. In Europe one needs training of some sort to do most any job, including cab drivers and waiters, which involves class attendance, testing, and fee. Such types of regulations didn't really exist in the US 30 years ago but are creeping in as well.
Their goal is double edged; one one side they aim to add skills and professionalism to a job type, on the other side such degree serves to prevent non holders from performing the job and create defacto segregation.
The question then is, who is ultimately to benefit from that training? I think it's the customer. One may not like the arrogance of a French waiter, but no one can criticize their impeccable skills and professionalism. In the US, half the time I wonder how the hell my waiter got their job in the first place.
This doesn't mean someone with the right attitude can't master the complexity of a waiter's job without having to go to school for it. And for that person it's just not right to impose time, test and cash to reach their humble goal.

I'll sit on the fence on that one.

I'll take a highly rated Uber driver over a taxi driver any day. The car and person is generally cleaner and the people are nicer. You don't need some bullshit government training to drive people across town. "Complexity of a waiter's job" LOL, WTF