Students in higher educational levels attend school/university in the hope of having success in the labour market. An important aspect of labour market success is to bring the gained abilities and knowledge which are learned at school into practice (Robst, 2006 – usa voor meer referenties – rest ref in dit paper). Robst (2006) briefly discusses the relationship between the years of schooling that are required for a job, and completed schooling in the United States of America. With respect to this, it can be said that workers who have had more schooling than the job requires are overeducated, and workers who have had less schooling than the job requires are undereducated. Both types indicate a mismatch between the level of education and job requirements. But, the quantity of schooling (years of schooling) is not the only way to take the match between schooling and job into account. Another way to do such a thing, is through looking at the level of education instead of the years of education (Sloane, 2003). Furthermore, employees may be mismatched when the level of schooling (either in years or in level of education) is in accordance to the job requirements but the type of schooling is not (Sloane, 2003). An example of this would be that someone with a degree in (higher education) architecture ends up having a job in the social sciences. Although the level of education can be equal, there is still a mismatch between educational level and the job requirements.
Robst (2006) focuses on the mismatch between type of schooling and job requirements in the USA. He mentions that there is still not one specific theory which explains the relation between educational level and job requirement mismatch. One common theory that explains mismatch ...
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... higher education. Some researchers say that education has fulfilled this function, but critics argue that education has perhaps fulfilled this function to a far to large extent (Freeman, 1976 – in rumberger). This means that there are too many highly educated workers for the few jobs which require such a high level. On top of that, there have been numerous times of economic setback (oil crisis of 1973 for example) which even increased the need for highly educated persons because less jobs were available. So, Rumberger (1981 – veranderen naar later jaartal en nummertje 14) did an inquiry about the mismatch between the level of education and job requirements. He found that more persons are overeducated nowadays because there are more persons with a high level of education whereas the available jobs did not increase parallel to the increase of highly educated persons.
The real problem, according to Bruni, is that a college education is now far less likely to result in gainful employment. While statistics suggest that the rate of unemployment for college graduates is far better than for those with only a high school education, Bruni argues that these statistics
Unemployment is on the rise and, always trying to be avoided. By obtaining a degree, the chance of being out of work is reduced. Baum, Ma, & Payea (2013) claim, “The 2012 unemployment rates for 25- to 34-year-olds were 9.6% for those with some college but no degree and 7.2% for those with associate degrees” (p.20). With just an associate's degree, the chance of being unemployed plummets 2.4% compared to those compared to little college, proving when the higher of a degree is obtained, the lower
If more people went to college, and less went the vocational route, jobs will take a momentous hit. Today, companies will not even touch an application that does not include a Bachelor’s Degree; even if the Bachelor’s Degree has nothing to do with the job being applied for. Attention is not given to whether the hopeful applicant qualifies for the job; all that matters is that the applicant has a Bachelor’s degree. Murray best sums up the American job market when he says, “Employers do not value what the student learned, just that the student has a degree” (Murray). However, if less people obtain a Bachelor’s Degree, employers will be forced to base applicants on their skills, and abilities. Furthermore, important vocational jobs that lie vacant will be filled. Good electricians, carpenters, and construction workers will always be in
Dostis, Melanie. “Degree Alone Not Enough To Prepare Grads For Workforce.” USA Today. USA Today, 31 Oct. 2013. Web. 16 April 2014
In order to break through the status quo of poverty for generations, there needs to be more efficiency on education. In our current society, establishments would rather hire someone who well qualified with college degree rather than just a high school education. For our modern day survival we need education because it will give up opportunities and help we need to become successful. The higher a person educational degree the more invested opportunity to move up in the ranks in our
The amount of funding for education was the most difficult to determine. This education system seems to be very inefficient and the huge backlog of teacher pensions restricted the more favorable budget. Well educated students leads to a more productive economy but there are many who do not take ad...
Rouse, C.E. (2007). Qualifying the Costs of Inadequate Education: Consequences of the Labor Market. In C.R. Belfiels and H.M. Levin (Eds.), The Price We Pay: Economics and Social Consequences of inadequate Education (pp. 99-124). Washington, DC: Brookings Institution Press.
Rodney K. Smith’s mere opinion of his publication is that children with a higher level are more like to secure a job rather than those with no or little education. His view is upheld by the statistics of bureau that gives a clear statistics of the percentage of the salary earned by students with higher education and that of lower education. This makes his claim more reliable and credible because the bureau of labor and statistics is a reputable institution in the United States that deals with the percentage of people who work in United State. Smith’s own personal anecdote appeals to the feelings of the audience in which it ignites them with feelings of possibility.
Berggren, Caroline. "The Influence of Higher Education Institutions on Labor Market Outcomes." European Education 42.1 (2010): 61-75. Academic Search Complete. EBSCO. Web. 9 Mar. 2011.
In his opinion, following this process would allow only the more intelligent or ambitious of students into college, therefore assuring a competent post-graduation workforce. Would severely limiting admission achieve the steep goals the author believes it will? Mr. Henry states that in order for the job market to sustain ample job opportunities for university graduates, those chosen should meet strict educational standards early in the education process. Without these measures, he believes, the American education system will continue to degrade as everyone becomes equal, with none terrible and more importantly, none great. Mr. Henry asserts his belief that in a watered down workplace, complacency is only eclipsed by averageness.
Education and experience are considered “human capital” by economist. The knowledge and skills learned on the job make employees more productive. Historically women were less likely to go to college and graduate, however according to the U.S. Department of Education Institute of Education Sciences National Center for Education Statistics Between 1970 and 2001, women went from being the minority to the majority of the U.S. undergraduate population, increasing their representation from 42 percent to 56 percent of undergraduates. If these trends continue women will make up the larger segment of the skilled labor force. Educational attainment is particularly important in closing the wage gap. The simple fact is that employees with a college degree makes more than employees with a high school education. The gender wage gap exists at all levels of education, and women with graduate degrees experience the widest wage ratio of 73 percent, earning almost $450 less per week than
It makes their family’s life become tough. They raise a question that why not letting these students go to work instead of this worthless education. As what is mentioned in the article “College degree still worth the investment, data suggest”, the author Mary Beth Marklein shows many evidences to support her main idea that the college education is still worth to invest because it can give college graduates higher wages. She showed the audiences a data, which pointed out that college graduates earned generally 56% higher that people who only have a high school diploma in the past four years. The author also said, “From 1982 to 2001, bachelor 's degree holders earned an average 80% more and associate 's degree-holders almost 30% more than workers with no more than a high school diploma”. The similar contents are also presented in the article “Median Salary Up Two Percent for Higher Education Professionals”. The author insists that the higher degree you get, the higher salary you will earn. In other word, it’s the truth that the college students might have heavy loans when they decided to go to college, but they
University education trains students in academic subjects. But non-academic fields can lead us to success as well. There are countless entrepreneurs, actors/actresses, political leaders, authors, directors, critics, designers, and more who prove that success does not merely depend on having complete education. These non-academic fields require people’s enthusiasm, but not academic knowledge. For example, Abraham Lincoln completed only one year of formal education, yet became a world famous lawyer and the U.S. President. These examples shows tertiary education may not be a necessary factor for success. On the other hand, it is generally believed that university education is necessary for successful life. Education is the key to success because it opens doors for people of all backgrounds, and it expands the human mind with knowledge. Roland (1997) claim that the vast amount of knowledge gained through education prepares individuals to solve problems, teach others, function at a higher level and implement transformational ideas. The 21st century is ever changing, new inventions are coming up non-stop and without proper education, it’s
Rich people assume that College is important, but it is not a one way ticket to success, and happiness. However, Middle class people believe that education is important to be successful in the future. Education for middle class student is an important tool that is applied in the modern world to succeed, as it reduces the challenges, which are faced in life. “With nearly half of the nation 's undergraduates enrolled in community colleges,…….are playing an increasingly important role in higher education.”(David Hosansky). The information gained through education allows individuals’ future life to be optimally utilized due to training of the human mind. This eventually opens doors of opportunities for individual to achieve better chance in career growth. Education has played a major role in the modern industrial world. “This is attributed to the fact prospective employees must be qualified adequately to perform various tasks effectively.”(David Hosansky) Industries entail resources that are sufficiently equipped with the modern technology to suit the needs and wants of the society. This makes education to become a norm for services in all industrial
"Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential." --John Maxwell. It is mainly known that in order for you to be successful there are a lot of factors that comes to the table. Educational factor is one of them, but we are thinking that only being educationally prepared will automatically lead us to get a great job. In this twentieth first century, millions of people spend a lot of money, thousands of dollars, expecting to have a great university education that will give them a direct ticket to success, but there some are external factors which we cannot fully control in order to be successful, but surely, we can be aware of it and take advantage. This paper will develop different reasons that support that a university degree does not guarantee professional success.