Requiring a degree is a way to filter resumes. If you get 200 applications to a position and requiring a degree allows you to narrow that down to 30, why not?
Because the job might not benefit from an overqualified degree holder.
College Degree Required by Increasing Number of Companies
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Re: College Degree Required by Increasing Number of Companies
#12Did this catch the attention of anyone else? “I am over $100,000 in student loan debt right now,” said Megan Parker, who earns $37,000 as the firm’s receptionist. She graduated from the Art Institute of Atlanta in 2011 with a degree in fashion and retail management, and spent months waiting on “bridezillas” at a couture boutique, among other stores, while churning out office-job applications. ----- Something is very,…
Isn't that the cliché of stories like this?
Re: College Degree Required by Increasing Number of Companies
#13Requiring a degree is a way to filter resumes. If you get 200 applications to a position and requiring a degree allows you to narrow that down to 30, why not?
I believe we are soon moving to where this excuse for carefully considering candidates will no longer hold. More people with college degrees will make that significantly higher.
Also, 15%? Is that accurate, or are you just throwing numbers out there cos you think 85% of job applicants really do not have college degrees?
Re: College Degree Required by Increasing Number of Companies
#14Article opens with the very thought I left college 10 years ago thinking--this degree is just my new high school diploma. Maybe in another generation or two, we'll see graduate degrees becoming the new BA/BS. Maybe then people will begin to realize this is all a farce.
Re: College Degree Required by Increasing Number of Companies
#15Did this catch the attention of anyone else? “I am over $100,000 in student loan debt right now,” said Megan Parker, who earns $37,000 as the firm’s receptionist. She graduated from the Art Institute of Atlanta in 2011 with a degree in fashion and retail management, and spent months waiting on “bridezillas” at a couture boutique, among other stores, while churning out office-job applications. ----- Something is very,…
Something is wrong with people that that they choose to go to schools that cost $100,000 to get degrees in fashion and/or retail management.
Re: College Degree Required by Increasing Number of Companies
#16Did this catch the attention of anyone else? “I am over $100,000 in student loan debt right now,” said Megan Parker, who earns $37,000 as the firm’s receptionist. She graduated from the Art Institute of Atlanta in 2011 with a degree in fashion and retail management, and spent months waiting on “bridezillas” at a couture boutique, among other stores, while churning out office-job applications. ----- Something is very,…
I really don't understand how people get sucked into these for-profit (scam) schools. Or why the federal government provides student loans for students going to such places.
Presuming Ms. Parker lived in Georgia, in-state tuition at most public universities there would've cost her much less, and provided a better education. (and that's not including things like Georgia's Hope scholarship program)
Re: College Degree Required by Increasing Number of Companies
#17Did this catch the attention of anyone else? “I am over $100,000 in student loan debt right now,” said Megan Parker, who earns $37,000 as the firm’s receptionist. She graduated from the Art Institute of Atlanta in 2011 with a degree in fashion and retail management, and spent months waiting on “bridezillas” at a couture boutique, among other stores, while churning out office-job applications. ----- Something is very,…
The student loan bubble is nearing a tipping point. As of a few years ago, the total outstanding student loan obligations in the US exceeded the credit card obligations.
I wouldn't be surprised to see a very hard correction very soon (or a massive bailout). At that point, I expect many of the not-so-stellar private colleges (like the Art Institutes) that thrived on easy student loans to shut down.
Disclosure: I've made a significant amount of money last year betting on this by shorting APOL.
Re: College Degree Required by Increasing Number of Companies
#18Did this catch the attention of anyone else? “I am over $100,000 in student loan debt right now,” said Megan Parker, who earns $37,000 as the firm’s receptionist. She graduated from the Art Institute of Atlanta in 2011 with a degree in fashion and retail management, and spent months waiting on “bridezillas” at a couture boutique, among other stores, while churning out office-job applications. ----- Something is very,…
That's a particularly egregious sample. The Art Institute is a for-profit college, the likes of which are infamous for milking student loan money. See also University of Phoenix, ITT, DeVry, and Everest. It's a huge industry in the USA. Frontline of PBS had a good episode about this called College Inc. and I recommend it to anyone interested in this topic.
Re: College Degree Required by Increasing Number of Companies
#19Requiring a degree is a way to filter resumes. If you get 200 applications to a position and requiring a degree allows you to narrow that down to 30, why not?
Hiring degree holders for things like receptionist and file clerk only works if the job market is bad and you don't care about churn.
Re: College Degree Required by Increasing Number of Companies
#20Start your own company then
How do you start a company without money? It's hard to start any business without a minimum of cash flow. I know my parents couldn't have fronted me the money...