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To: RealMuLan who wrote (46143)2/12/2004 6:16:35 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
People will invest a lot of money in their kids' education for them to become unemployed educated. My wife is making a course in a Chinese school here in Malaysia.
She asked the young ladies there why they went in this profession and they say that it was not worthwhile to get a degree. One get here a degree to fight in the market for a low paying job.

They are ahead of the US in this respect: They already know how to invest their time and recources. In the case of the US, there will be a what I call a 'paper chase': people will struggle hard and harder to get degrees to enable them to get the few jobs on offer. Pretty soon you'll need to know the Second Law of Thermodynamics to serve cool beer in a bar.

The authorities in the US should be preparing the kids according to the Dept. of Labor Statistics. Not to be accommodated to the situation. That because once the kids discover where they REALLY stand, they'd come out and fight. With his sweet talk that there are lots of high paying jobs for the educated only give them the impression that everything is OK. And they will discover reality too late. Which is, by the way, how governments like to act.