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http://gselevator.wordpress.com/2013/09/04/meet-jack-the-plumber-philosopher/“The society which scorns excellence in plumbing as a humble activity and tolerates shoddiness in philosophy because it is an exalted activity will have neither good plumbing nor good philosophy: neither its pipes nor its theories will hold water.” – John W. Gardner
“Suppose in 1970, a bar owner advertised for a bartender and received 15 applicants, most or all of whom had high school diplomas. He would most likely choose the bartender on criteria unrelated to educational credentials. Suppose today, another bar owner likewise advertises for a bartender, and also gets 15 applicants, but four have bachelor’s degrees. The owner, to minimize time and resources devoted to interviewing a long line of applicants, might restrict interviews to the four holders of degrees, since it is likely a priori that these persons will on average be a little smarter, a little more reliable, etc., than the other applicants. Education, heretofore not much of a screening device, has become one in terms of hiring the most qualified person for jobs for which skill requirements are relatively modest and learned on the job quickly. The existence of an ample supply of college graduate bartenders has created a demand for them.”[i]
From this, one might conclude that a college degree is necessary now more than ever, just to compete for jobs that traditionally would not require a college degree. This logic is fine if you want to be a college-educated barista or bartender.
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Study for four years, rack up tens or hundreds of thousands of dollars in debt, and then struggle to find meaningful employment… Or very quickly become an electrician, nurse, or plumber. Can you say opportunity cost? The 2012 median pay for plumbers was almost $49,000, while the median pay for all occupations was slightly more than $33,000. Moreover, the top 10% of plumbers earn more than $79,000, and the job segment is projected to grow 26% through 2020, with new construction and a wave of baby boomer retirements among older plumbers spurring employment.
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We can expect that, over time, market forces will solve the problem. But in the meantime, people need to wake up. This naïve, elitist “college for all” dream is the simply the wrong mantra. It’s wrong for the individuals chasing this dream, and it’s wrong for America. We need to be talking about “appropriate skills for all” instead.