Congrats on That Diploma. You May Not Need It (Richard K. Vedder) from Bloomberg
"...increasingly, today’s college graduates face an uncertain future, and many will end up taking jobs historically done by those with high school diplomas or even less -- construction workers, taxi drivers, restaurant wait staff, janitors. ... this is a long-term problem: There are simply more college graduates than jobs requiring college degrees. The problem will probably get much worse in the next decade."
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All licensed professionals must take some kind of examination. Lawyers, Doctors, Architects, Nurses, Teachers, Engineers, Pilots and so on. I don’t often meet state or federally licensed professionals making lattes at Starbucks or stocking shelves at Whole Foods. If college graduates had to obtain a minimum score on the GRE or similar test before they received a degree, this would add considerable credibility to a graduates claim of being educated, and would permit employers to distinguish posers from the real item. Of course parents would have to be willing that many, if not a majority, of college seniors could not score well enough to obtain a degree. This is precisely why a college degree is becoming as big a joke as a high school diploma. So is it any wonder that employers prefer to hire students from exclusive private colleges where study is generally rigorous.
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