5/17/2013

Another Higher Education FAIL

As the effects of the higher education bubble are increasingly being made themselves felt, it seems those who managed to get expensive yet useless degrees are finding the real world doesn't really care that they put themselves into hock to gain those worthless sheepskins. This was recently illustrated by a comment to a WSJ piece that covered the goings on at Swarthmore College. It aptly illustrates one of the biggest problems with overpriced educations: the students don't really learn anything of value.

Recently a loud protest was underway in NY City on 3rd Ave and 32nd St. What was it about? Who was protesting?

The delivery crew from a Dominos Pizza site was on the warpath about its wages, protesting as loudly as possible. There were a few dozen and they were given space near the sidewalk to march with their signs and chant about the evils of corporate operations, though this time it was more about olive oil rather than crude oil.

Several policemen were assigned to the protest to ensure order, though, due to the noise, the stretch of sidewalk was largely avoided by pedestrians. The protestors remained in the area delineated by the blue saw-horses that had been delivered earlier by the police department.

A couple of protestors carried signs that said, "I didn't spend so much on tuition as Swarthmore so I could be paid so little at Dominos."

They went to an expensive liberal arts college and got a degree in order to get jobs at a pizza joint? What is wrong with this picture? They could have gotten the same job at Domino's while still in high school and saved $200,000 by not going to college. A follow on comment asked “I wonder what degrees they earned? Maybe something that ended in 'Studies'?”

Probably. Heaven forbid they actually get degrees in something useful that would have helped them get jobs that paid more than minimum wage...plus tips.