I already addresses that in my statement above, the % that gives up is MUCH MUCH lower the more education that you get.
Also from your link above
No college hurts. The worst income erosion happened among men with only high school diplomas: They’ve lost 31% in earnings over 20 years (from $53,395 to $37,107).
So no degree = less money and less likelihood of ever finding a job (e.g. giving up)
How many schools out there specifically private schools are poping up like carrots guaranteeing degrees in the chosen profession only to take a Job from someone just because they have major [URL=“http://www.npr.org/templates/story/story.php?storyId=125223926”]debts to pay off and feel they are entitled it, if they are going to be making good money why take from someone else?
And again the facts from your own links support the fact that higher education = more work
There’s a good chance that the server pouring your coffee and the parking attendant valeting your car has a bachelor’s degree, or even a doctoral degree.
As I stated college is the new high school, so you better have some higher education if you want to get a job, even if it’s as a valet.
The unemployment rate for college graduates is 5 percent, which is less than half of the 10.5 percent rate for high school grads.
As much as I enjoy the human interest story about this poor woman who can’t find work, do you really think she would be more likely to find work if she didn’t have a degree?
Government numbers can be altered they are the government and people put way to much faith in the government and what statistics they fire out.
Are you working? Y/N
If N, are you currently looking for work? Y/N
If Y, how much did you make last year?
Select your level of education.
It’s pretty straightforward, not rocket science.
recent US Unemployment numbers put the US at 9.8% but in reality it’s roughly around 16% those are numbers found during the great depression which is also effecting those walking out of college/university.
But again, not as badly which is the entire point. When times are tough, you have a much better chance of finding a job if you have an education.
Reality is that regardless a college diploma or not both are going down the same road, as the gap of the rich and poor increase so does the thousands walking in and out of post-secondary schools it’s a revolving door where when you’re finished they the ‘leave it to beaver’ farewell, heres your paper with a nice finishing touch and hopefully you find your way.
But you have a much greater chance of being on the wrong end without a piece of paper.
Many go to school because they don’t know what they will do, so what is everyone else doing “going to school”.
Many go to school because they realize that they need a piece of paper to find work, or because they don’t know what they want to do with their lives (did any of us at 19?), or because they’re postponing their entry into the world of work until things improve. All legitimate reasons to do so so long as they understand the consequences of their actions.
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Brining work overseas has nothing to do with education it has to do with Money and Corporate America saving money.
And again, you make my point for me. That is the reality, unskilled labour (done by people without college degrees) can be done anywhere in the world, and generally cheaper than it can be done in the USA/Canada so you better get a degree if you want to find a job.
Your iPad and iPhone are created by happy workers just waiting to come home and get out of it.
And again, what does this have to do with the discussion? 1) This is unskilled labour, so maybe if they got better educations and thus better jobs they would be happier and 2) This is another media story blown out of proportion, the suicide rate for employees at that factory is no higher than the general suicide rate in China. It just makes the news because they built stuff for Apple.