Earlier quoted context omitted.
Upward mobility is lower in US then in other western countries. The feudalism would have much lower mobility, but none of those countries have feudalism and did not had it for years.
Upward mobility is higher in Denmark, where I'm from, so that's what I'm familiar with. I don't think this metric necessarily measures exactly what people expect: The spread of possible outcomes is simply much tighter. Making $65,000/year puts you in the top 10% of earners, while the bottom 10% ends at $19,600/year. When tripling your salary is enough to travel almost the entire scale, obviously more people will do i…
Trade school, not 4-year college, is a better bet to solve the US income gap
111–120 of 297 posts
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#112As is often the case, the answer is built into how the question is framed: If we frame the question as, 'what is the most efficient way to train people with directly salable skills', then college is inefficient and probably not the best solution. But if the question is, 'how do we best prepare people for life, including critical thinking and knowledge about the world, and to improve our society', college blows away a…
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#113Earlier quoted context omitted.
Social stigma is not the problem. Employers requiring degrees for jobs that don’t require a degree are the problem. They force the cost on the student, and with demand for college education then bring inelastic, colleges have all of the pricing power to charge whatever they want.
I've said it before and I'll say it again: Degree requirements are the last bastion of socially acceptable racism.
http://nypost.com/2013/09/17/why-racists-love-the-minimum-wa...
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#114> "There are too many four-year colleges serving too many students, The Screwing of the Average Man [0] said that college used to be something the upper-class sent their children to so they'd have a leg up on the "uneducated" masses. Then the congress provided the GI Bill to subsidize college for WWII veterans. This kept disgruntled veterans occupied while the economy retooled to peacetime production. Thus began the…
Sudbury and Montessori schools offer a model that seems to encourage students to learn at their own pace Provides a positive feedback loop that seemed to have positive results in the real world as well
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#115Earlier quoted context omitted.
>Remove the social stigma of not going to college. Hardly any tv shows that show young non college grads as positive. Or just make college useful and accessible. Give people the option of a European style undergrad where there is no liberal arts breadth, only technical courses. If we had accredited colleges doing 3 year bachelor degrees in STEM, the system would be much more efficient.
Honestly we'd be fine with 1-year degrees for most things.
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#116Another idea, indirectly related, is to simply stop treating all university degrees equally. The whole reason student loans are so broken right now is because they cannot be dismissed, so lenders are incentivized to lend with reckless abandon. In the worst case scenario the loan converts into a lifetime rent on an individual that automatically adjusts for inflation. On the other hand, the idea behind creating special…
In my view, this idea runs the danger of creating a planned economy, with characteristic boom-bust cycles and scams. The choice of which degrees to fund has to be made on either past data or some sort of current fad. The list of preferred degrees will of course create competition to get into those programs, but it may also encourage colleges to create watered-down or even fake disciplines that can absorb more student…
Another cool feature is that this further aligns the motivation of schools (who greatly benefit from 'reckless lending') and students. Reckless lending is only possible when the degrees being pursued are provably valuable.
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#117Earlier quoted context omitted.
As an amusing factoid, Germany is the country where my spouse would be addressed as "Frau Doktor Doktor."
Those days are long over. The behaviour might still remain in some small circles (60yr old trophy wifes in a golf club) but is basically unheard and frowned upon pretty much everywhere else in society.
I don't even remember what they choose in the end. I think just a dropdown box. I probably told them I'm make the list of titles to choose from configurable in their backend system and they could make it however they wanted later - which nobody probably ever bothered to do.
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#118Earlier quoted context omitted.
Honestly we'd be fine with 1-year degrees for most things.
Like what? Are you saying that most degrees, taught at universities today, could be condensed into 1 year, and the outcome would be that we'd have 19 year olds with the same skills as the 22 year olds graduating today? What degrees do you have in mind?
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#119I reacted strongly and positively to the headline of this piece...and even more positively to the article. Apprenticeship was once considered more important than academic degrees in many areas. The balance has gone too far towards academia, and blue collar 'workers' don't get nearly enough respect IMO
you would still have to get a degree level qualification if you want to progress assuming you have a permissive system that allows it until recently it was almost impossible to do this in Germany - the EU made them change this.
Re: Trade school, not 4-year college, is a better bet to solve the US income gap
#120Earlier quoted context omitted.
This is a tangential attack on the source, not the content. Please address the article, not the publisher.
It is not a tangent. The source is unreliable. If I must address the article, it is the same kind of ham-handed shilling I have come to expect from them. "Researchers" say this. "Researchers" say that. Then at the very bottom, regard: " Note: Working papers have not been peer-reviewed or been subject to review by the NBER Board of Directors that accompanies official NBER publications. " Scam the kids into college! Wa…
The source is the National Bureau of Economic Research. NBER is not unreliable.
> "Researchers" say this. "Researchers" say that.
Scientists often disagree with each other or with previous scientists as more data and tools become available. I'm not sure why that makes you so angry?
> "Note: Working papers have not been peer-reviewed or been subject to review by the NBER Board of Directors that accompanies official NBER publications."
This is standard boiler plate for every NBER working paper. If you don't read a lot of NBER papers it is understandable that you think it signifies more than it actually does. This was a conference paper presented at 3 different conferences.
The paper isn't just about Germany. It is uses a variety of data sources to investigate look at the cross-country evidence from 21 countries. They perform a series of regressions on the data.
Germany vs. US is presented as a case study. The research paper acknowledges all of the things that you think they are too dumb to notice.
They also present Thailand vs. Vietnam as a case study.
I generally find that it helps to actually read the underlying research before criticizing it.