Degree no longer means a Job (Patreon)

Having a degree today doesn't equate to landing a job. For the first time ever college grads and non college grads have the same odds of landing a job and it is not good. Women with degrees are fairing better.

Needless to say there is probably some widespread disillusionment. I speak a lot about the debt burden of college in places like the US.... now against this backdrop it is alarming.

Beware also, many modern degrees lack market value, e.g., cultural studies, language studies (i had a tenant in SF who spent 4 years at school to learn Japanese Studies, I warned his father it was a waste of time.... as it turns out it was. Flushed $200K down the toilet), i have many more examples.

Elephant in the Room - AI

AI is already disrupting job markets. But the weird twist is it also empowers some... even helping people without a degree find a job if they are self starters.

It is examples like that that give me hope AI and cultural shifts will present better alternatives for those out there..... but rem we are now back at GFC and Covid Levels for job hunting which is just awful.