Published in 2014, William Beaver wrote “The Case Against College Revisited” for the journal, College and University. Beaver argues that the tradition of attending college or university may not be for everyone. He argues that the labor market, student debt, and the human capital may hold evidence as to why some shouldn’t attend college.
The author argues several points in this article. In the 2012 incoming class of freshman at 283 four year college, 87.9% said they were there to obtain a better job. That rate was at 67.8% in 1976. 10-12% of these students will be furthering their education after the four years; 80-90% of graduates go immediately into the work field. However, the market is only going to expand 6.8% by 2020. This is in comparison to 7.9%. These students will also be fighting …show more content…
The Bureau of Labor Statistics predicts that only three of the twenty occupations expanded to grow the most actually need college degrees. With jobs being hard to come by and undesirable, students will be left with a lot of debt. About 70% of students take out loans to pay college tuition. Because colleges are charging more than ever, student debt rates have skyrocketed right along with them. The student loan debt is approximately $1.1 trillion. This debt is effecting all markets; for example, people with great amounts of debt are less likely to take out a mortgage too. Because of the small job availability and high debts, 35% of those with loans are three months or more behind on their payments. Many college graduates are moving back in with their parents after graduation; this is the source of the name
The author argues several points in this article. In the 2012 incoming class of freshman at 283 four year college, 87.9% said they were there to obtain a better job. That rate was at 67.8% in 1976. 10-12% of these students will be furthering their education after the four years; 80-90% of graduates go immediately into the work field. However, the market is only going to expand 6.8% by 2020. This is in comparison to 7.9%. These students will also be fighting …show more content…
The Bureau of Labor Statistics predicts that only three of the twenty occupations expanded to grow the most actually need college degrees. With jobs being hard to come by and undesirable, students will be left with a lot of debt. About 70% of students take out loans to pay college tuition. Because colleges are charging more than ever, student debt rates have skyrocketed right along with them. The student loan debt is approximately $1.1 trillion. This debt is effecting all markets; for example, people with great amounts of debt are less likely to take out a mortgage too. Because of the small job availability and high debts, 35% of those with loans are three months or more behind on their payments. Many college graduates are moving back in with their parents after graduation; this is the source of the name