“Degree creep” – requiring a bachelor’s instead of an associate degree — could make it harder to qualify as a nurse, respiratory therapist, nuclear medicine technician, dental hygienist or dietician.
Where will the jobs (and middle-class wages) will be in the next few years for people without four-year college degrees? Retiring baby boomers will open up manufacturing jobs for male high school graduates. Women will need a certificate or associate degree — preferably in a health-care field — to have a shot at earning at least $35,000 a year.
Community colleges that receive federal job-training grants are required to share any learning materials developed. But software publishers are lobbying for a new law banning “open educational resources” developed with federal funding.
Also on Community College Spotlight: IBM will help Chicago design new six-year high schools that will combine technical training and college classes leading to an associate degree and an IT job.
Florida’s dual-enrollment students are double dipping, analysts complain. After earning a tuition-free associate degree in high school, students use state scholarships to fund three or four years at the University of Florida. Only six percent complete a bachelor’s degree in two years.
Most people don’t need a college education to do their job, but they need a degree to get hired, writes Daniel Indiviglio in The Atlantic. It’s a very expensive way to identify who’s smart enough to do a job, he writes.
. . . when high school standards declined and college became more popular, some applicants stood out above others as being more educated and potentially smarter than those with only a high school diploma. If the trend keeps up, however, a time will come when a college degree isn’t enough either: masters degrees will be commonly sought, as the value of college degrees fall to be worth as little high school degrees are today, since so many applicants will have them. If this trend keeps up forever, perhaps we’ll one day have locksmiths with PhD’s.
Waitresses with a college degree earn more money, but it’s probably not the degree, argues Andrew Gillen.
College is the best investment on the market (for those who complete a degree), counters Derek Thompson, also in The Atlantic. Over a working lifetime, “the typical college graduate earns $570,000 more than the average person with only a high school diploma.”
Let’s say you’re deciding where to invest $100,000 at age 18. Maybe you think to put it in gold, corporate bonds, U.S. government debt, or hot company stocks.
The $102,000 investment in a four-year college yields a rate of return of 15.2 percent per year, more than double the average return over the last 60 years experienced in the stock market” and more than five times the return in corporate bonds, gold, long-term government bonds, or housing, according to a report by Michael Greenstone and Adam Looney.
Note that the associate degree’s rate of return is 20 percent, higher than the pay-off for the bachelor’s degree. I’d guess that’s because the costs of attaining the degree are lower and many associate degrees go to nurses, who make good money.
College classes for low-achieving 11th graders? It’s a hot idea, writes Community College Dean. And a bad one.
At an innovation conference, Community College Dean has a “stupiphany” — the sudden realization that you were an idiot for not knowing something before. The more classes a remedial student must take, the more likely the student will give up. Each class is an exit point.
Another stupiphany: Remedial students are much more likely to succeed when basic skills are taught along with vocational skills. Yet California’s community college system eliminated many “contextualized” classes that help students earn an occupational certificate in favor of traditional remedial classes geared toward associate degrees.
Spotlight features my long-awaited (at least by me) freelance story for McClatchy News and the Hechinger Report: With “middle-skill” credentials — an occupational associate degree or certificate — it’s possible to earn a middle-class living without heavy student debt. But most students aim for a bachelor’s degree. The A and B+ students usually have the academic skills and motivation to complete a four-year degree; weaker students usually end up with nothing. Many are “majoring in debt,” as Georgetown Professor Anthony Carnevale puts it.
Florida’s community college graduates with vocational certificates and two-year occupational degrees start at higher salaries than state university graduates with bachelor’s degrees, the state reports.
Why? Two words: health careers. With an associate degree in applied science, community college graduates are earning serious money as nurses, medical technicians, etc. Others are prepared for jobs as computer techs, paralegals and utility workers. I’m surprised six-month certificate holders are earning more than four-year graduates, but many of those bachelor’s degrees are in non-technical majors with little labor market value.
Community college students in career programs aren’t pondering the meaning of life, but neither are most four-year students, who are piling up a lot of debt for that sociology degree.