. . . when 40 percent of college students fail to graduate in six years, and when about a quarter of employed college graduates have jobs that don’t require degrees, it’s obvious we’re pushing too many kids into higher education.
About 25 percent of college graduates in their 20s are working at jobs that don’t require degrees, VerBruggen writes.
. . . the economy doesn’t need more generic college graduates — and in fact refuses to hire many of them. Rather, it needs highly capable people in certain fields. It would probably be better to encourage students acquiring useless majors to switch to these lucrative fields than to send more kids to college across the board.
After all, when you send more kids to college, you’re scraping closer to the bottom of the college-eligibility barrel. The new kids will be less able and motivated, on average, than the ones who are already in college — and thus even more likely to drop out before finishing and to wind up in jobs that don’t utilize their degrees if they do finish.
VerBruggen agrees that better schools would prepare more inner-city students for success in college, but “it will be years before we see significant results,” even if reforms go very well. For many of today’s high school graduates, he writes, “college isn’t working.”