"Too many Americans are going to college." (ou: Forbidden Common Sense, Episode #13,881 )

(Via LRCBlog)

E o que será na Europa?

BY CHARLES MURRAY (WSJ).

"...A reality about the job market must eventually begin to affect the valuation of a college education: The spread of wealth at the top of American society has created an explosive increase in the demand for craftsmen. Finding a good lawyer or physician is easy. Finding a good carpenter, painter, electrician, plumber, glazier, mason--the list goes on and on--is difficult, and it is a seller's market. Journeymen craftsmen routinely make incomes in the top half of the income distribution while master craftsmen can make six figures. They have work even in a soft economy. Their jobs cannot be outsourced to India. And the craftsman's job provides wonderful intrinsic rewards that come from mastery of a challenging skill that produces tangible results. How many white-collar jobs provide nearly as much satisfaction?

Even if forgoing college becomes economically attractive, the social cachet of a college degree remains. That will erode only when large numbers of high-status, high-income people do not have a college degree and don't care. The information technology industry is in the process of creating that class, with Bill Gates and Steve Jobs as exemplars. It will expand for the most natural of reasons: A college education need be no more important for many high-tech occupations than it is for NBA basketball players or cabinetmakers. Walk into Microsoft or Google with evidence that you are a brilliant hacker, and the job interviewer is not going to fret if you lack a college transcript. The ability to present an employer with evidence that you are good at something, without benefit of a college degree, will continue to increase, and so will the number of skills to which that evidence can be attached. Every time that happens, the false premium attached to the college degree will diminish.

Most students find college life to be lots of fun (apart from the boring classroom stuff), and that alone will keep the four-year institution overstocked for a long time. But, rightly understood, college is appropriate for a small minority of young adults--perhaps even a minority of the people who have IQs high enough that they could do college-level work if they wished. People who go to college are not better or worse people than anyone else; they are merely different in certain interests and abilities. That is the way college should be seen. There is reason to hope that eventually it will be."