Earlier quoted context omitted.
It wasn't invented out of the blue, but it was an evolved creation of politics. In classic democratic fashion, a lot of factions were pushing their own agenda that ended up making the country as a whole worse off. The education establishment has continually upped the drop out age. Labor unions ( in alliance with wealthy parents) pushed for stricter child labor laws to reduce competition for jobs. Aristocratic progres…
> Labor unions ( in alliance with wealthy parents ) pushed for stricter child labor laws to reduce competition for jobs. Aristocratic progressives wanted an institution to indoctrinate immigrants in the American way of live [ sic ]. The rise of credentialing laws made college a necessity for earning a decent income. Please provide citations of serious studies of these trends you talk about; this analysis seems facile…
As for credentialing laws, pretty much all professions rely on some level of book knowledge plus on the job training. The book knowledge can be provided for by reading books and passing an exam. You don't need to attend three years of law school in person to become a great lawyer. Nor do you need four years of university to be a great engineer. The architecture profession seems to have been much better off without any degree requirements. Just compare the architecture of the 1800's to that of the past few decades.
30% of jobs in the U.S. economy now have legal credentialing requirements. That includes everything from hair dresser to interior designer. Even jobs like parole officer now require a four year college degree. We're essentially recreating the old guild system, which stifles economic growth. I don't think it's any accident that the most dynamic sectors of the economy - software, consumer electronics, movies - have virtually no licensing requirements.