Boxden hiphop sports wild'ish games movies news eyecandy tech gear rides
trending now popular now #top20 top yesterday all sections videos pics tracks headlines

Jan 28 - Study: Nearly half are overqualified for their jobs

most watched this minute | see more
most viewed right now
55 viewing
NBA Steve Francis Chain Snatched (video)  
34 comments
most viewed right now
48 viewing
NBA "I thought Austin should have punched KG" Doc Rivers
15 comments

top in section
18 viewing
 Video inside CyHi The Prynce Is On 'G.O.O.D Music' But, Why Doesn't..
top in hiphop
top in section
18 viewing
Image inside Mar 2 - Two thugs shot and killed in a scuffle with s..
top in news

people viewing this topic:   (0 members and 1 guests)  
 
 

let em know » Share this on TwitterShare this on Facebook
 Jan 28 - Study: Nearly half are overqualified for their jobs
topic by CadillacVyse - 01-28-2013, 08:23 AM


USA TODAY

.​Nearly half of working Americans with college degrees are in jobs for which they're overqualified, a new study out Monday suggests.

The study, released by the non-profit Center for College Affordability and Productivity, says the trend is likely to continue for newly minted college graduates over the next decade.

"It is almost the new normal," says lead author Richard Vedder, an Ohio University economist and founder of the center, based in Washington.

The number of Americans whose highest academic degree was a bachelor's grew 25% to 41 million from 2002 to 2012, statistics released last week from the U.S. Census Bureau show.

The number with a.ssociate's degrees increased 31%, while the number of Americans for whom the highest level of education attainment was a master's or doctorate degree grew fastest of all — 45% and 43%, respectively.

Earnings in 2011 averaged $59,415 for people with any earnings ages 25 and older whose highest degree was a bachelor's degree, and $32,493 for people with a high school diploma but no college, the Census data show.

Vedder, whose study is based on 2010 Labor Department data, says the problem is the stock of college graduates in the workforce (41.7 million) in 2010 was larger than the number of jobs requiring a college degree (28.6 million).

That, he says, helps explain why 15% of taxi drivers in 2010 had bachelor's degrees vs. 1% in 1970. Among retail sales clerks, 25% had a bachelor's degree in 2010. Less than 5% did in 1970.

"There are going to be an awful lot of disappointed people because a lot of them are going to end up as janitors," Vedder says. In 2010, 5% of janitors, 115,520 workers, had bachelor's degrees, his data show.

Matt Moberg, who provides training for the Cleaning Management Institute in Latham, N.Y., says the percentage of degree-holding janitors was probably smaller before the recession, but those with four-year degrees likely are business owners or workers in online degree programs.

Vedder's findings are at odds with a report released last week by a pro-business public policy organization that seeks to boost financial aid for low-income students.

"Right now you can look around the world and you can see a lot of high-tech, high-value high-productivity jobs that we are not doing in this country, in part because our country does not have the requisite skills," says Joe Minarik, of the Washington-based Committee for Economic Development. Foregoing college "is not what we should aspire to."


The following 2 BX residents gave props to CadillacVyse (Sent To 9,488 Subscribers)  nightmare (01-28-2013) , HEAT HOT TOPIC (Blog'd,RSS'd,Tweet'd and Facebook'd)  (01-28-2013)

29 comments for "Jan 28 - Study: Nearly half are overqualified for their jobs"

- To post a comment, join the squad -


 01-28-2013, 09:01 AMonline - #2
phantomnation 1034 heat pts1034 space
avatar
space
$2,409 | POWERFUL
 01-28-2013, 09:38 AMaway - #3
nightmare 428 heat pts428 space
avatar
space
$13,051 | POWERFUL
 01-28-2013, 09:39 AMaway - #4
astarisborn  space
avatar
space
$630 | 3176143
One of the biggest SCAMS in the word, COLLEGE!!!
 01-28-2013, 09:43 AMaway - #5
Kadillac87 199 heat pts199 space
avatar
space
$14,859 | POWERFUL
Originally Posted by astarisborn
One of the biggest SCAMS in the word, COLLEGE!!!
Nah. There are many ways to get an affordable or free education without becoming a slave to debt.

People make bad choices and want to blame their lack of foresight on others.
 01-28-2013, 10:06 AMaway - #6
pnoi89 3 heat pts space
avatar
space
$7,901 | POWERFUL
Unfortunately, not everyone can have the luxurious, high-paying job all these college graduates seek. Someone has to be the custodian. Someone has to be the one who flips patties. The world's all about the survival of the fittest.
 01-28-2013, 10:35 AMaway - #7
Gatorfan2611 8 heat pts space
avatar
space
$3,458 | 17347916
Originally Posted by Kadillac87
Nah. There are many ways to get an affordable or free education without becoming a slave to debt.

People make bad choices and want to blame their lack of foresight on others.
like having a parent who pays for it
 01-28-2013, 10:43 AMaway - #8
Jinusean 5 heat pts space
avatar
space
$3,193 | POWERFUL
Originally Posted by Aurora
Word. Capitalism.

If you really hate working at McDonald's for min wage, you need to get your priorities straight.
True and then there's those who like what they do but have a side hustle in case things go south at their current job.
 01-28-2013, 10:44 AMaway - #9
Silver N Black 15 heat pts15 space
avatar
space
$26,026 | POWERFUL
lol, tech is replacing everybody. It's gonna get uglier in a decade or two.
 01-29-2013, 12:42 AMaway - #10
fuck_the_east  space
avatar
space
$406 | 959563
its crazy the bullsh*t jobs that want a college degree.
 01-29-2013, 12:55 AMaway - #11
Just BizNis 43 heat pts43 space
avatar
space
$8,317 | POWERFUL
Originally Posted by Jinusean
True and then there's those who like what they do but have a side hustle in case things go south at their current job.
THIS



RBE is the only way to go
 01-29-2013, 01:50 AMaway - #12
cankstoochie 39 heat pts39 space
avatar
space
$13,032 | POWERFUL
fu*k college, fu*k debt and fu*k the government.


we need to start a revolution
 01-29-2013, 02:02 AMaway - #13
fit2bboss 7 heat pts space
avatar
space
$3,891 | 7519987
degrees, all it does is make your resume look good. making you more qualified for the job.
 01-29-2013, 05:47 AMaway - #14
C. Carter 14 heat pts14 space
avatar
space
$934 | 6794288
reminds me of that skit Kanye had on College Dropout.
 01-29-2013, 06:20 AMaway - #15
youdug 158 heat pts158 space
avatar
space
$3,943 | POWERFUL
Originally Posted by cankstoochie
fu*k college, fu*k debt and fu*k the government.

we need to start a revolution
and k!ll off all the morons like you so you cant replicate.
yeah fu*k education. thats great.
theres tons of employers that will pay for you to go to school.
i just got in with UPMC and im going back to school for sports medicine.
completely paid for.
in fact, ill be getting paid by them to go to school.
my girl works for them and has been going to school now for more than a year to be a physicians a.ssistant and after they pay for the classes she keeps the extra $500 UPMC gives after books are paid every semester.
 01-29-2013, 06:26 AMaway - #16
stlcardinals19 23 heat pts23 space
avatar
space
$14,930 | POWERFUL
Originally Posted by Kadillac87
Nah. There are many ways to get an affordable or free education without becoming a slave to debt.

People make bad choices and want to blame their lack of foresight on others.
I can def agree here. There are those who go to college thinking all it takes is a degree, and you're off to prosperity, but you have to do more than just go to classes, esp. if you're pursuing a liberal arts degree like I did. I'm a History major, and a Spanish minor and all I did was internships, networking through my History dept and civic engineering projects(tutored homeless kids and organized a 5k run for Veterans are some of the few I did), and I was able to attract the attention of the Smithsonian Institution(my dream job really), and now I'm interning there, while they help pay for my Master's degree. Just gotta work your tail off and constantly yell loud enough till someone stops to see what you're all about.
 01-29-2013, 08:14 AMaway - #17
Down-N-H-Town 5 heat pts space
avatar
space
$2,841 | 10042916
"There are going to be an awful lot of disappointed people because a lot of them are going to end up as janitors," Vedder says. In 2010, 5% of janitors, 115,520 workers, had bachelor's degrees, his data show.
I'm fortunate that I'm doing something with my Degree, but it sucks to have so much debt. It's all a system and one day we will all be making over $100,000/yr, but burgers are gonna start costing $20. People are realizing that the American Dream is a joke and you can obtain status and money if you work hard without a degree. I still want to get my Masters, but it's for personal reasons.
 01-29-2013, 08:19 AMaway - #18
Down-N-H-Town 5 heat pts space
avatar
space
$2,841 | 10042916
Originally Posted by stlcardinals19
I can def agree here. There are those who go to college thinking all it takes is a degree, and you're off to prosperity, but you have to do more than just go to classes, esp. if you're pursuing a liberal arts degree like I did. I'm a History major, and a Spanish minor and all I did was internships, networking through my History dept and civic engineering projects(tutored homeless kids and organized a 5k run for Veterans are some of the few I did), and I was able to attract the attention of the Smithsonian Institution(my dream job really), and now I'm interning there, while they help pay for my Master's degree. Just gotta work your tail off and constantly yell loud enough till someone stops to see what you're all about.
Yeah the key to success with a degree is experience. There are few jobs out there that will hire you based on your degree alone. I went to college, dropped out for a few semesters, started working in the banking industry, graduated, and was able to find a nice job with my degree b/c of the experience I have. The employers want to see that you are willing to invest into your education. That you are capable of completing. Even if your degree is in Liberal Arts, I've seen people get good jobs in Business b/c of their degree. Like you said, it's about networking too.
 01-29-2013, 08:22 AMaway - #19
Rico23 18 heat pts18 space
avatar
space
$36,426 | POWERFUL
Originally Posted by stlcardinals19
I can def agree here. There are those who go to college thinking all it takes is a degree, and you're off to prosperity, but you have to do more than just go to classes, esp. if you're pursuing a liberal arts degree like I did. I'm a History major, and a Spanish minor and all I did was internships, networking through my History dept and civic engineering projects(tutored homeless kids and organized a 5k run for Veterans are some of the few I did), and I was able to attract the attention of the Smithsonian Institution(my dream job really), and now I'm interning there, while they help pay for my Master's degree. Just gotta work your tail off and constantly yell loud enough till someone stops to see what you're all about.
 01-29-2013, 08:28 AMonline - #20
dj X 17 heat pts17 space
avatar
space
$14,414 | POWERFUL
Live long & prosper, fellas.

Last edited by dj X; 01-29-2013 at 02:39 PM..
 

Home > BX Table Of Contents > BX Daily Bugle - news and headlines
  
    
          join bx


 




that hot ish yesterday


most viewed right now
15 viewing
Image inside Frieza’s New Form in ‘Dragon Ball Z: Resurrection ..
74 comments
@movies
most viewed right now
13 viewing
Image inside Y'all remember Amerie?  
61 comments
@eyecandy
most viewed right now
12 viewing
Video inside Sis homie quan just jigged out the closet.
191 comments
@hiphop
most viewed right now
11 viewing
Image inside Which You are Choosing?  
143 comments
@eyecandy
most viewed right now
10 viewing
Article inside Jamaica Among Countries With the Largest Pen1ses ..
231 comments
@wild'ish
most viewed right now
10 viewing
Image inside Someone stole the idea and ran with it. Boxden not..
189 comments
@wild'ish
most viewed right now
9 viewing
Why is it Illegal to collect Rain Water?  
67 comments
@wild'ish
most viewed right now
7 viewing
Video inside Reginae Carter (Lil Wayne's Daughter) Sweet 16 Full..
35 comments
@hiphop
most viewed right now
6 viewing
Article inside Margot Robbie Says 'Suicide Squad' Is More 'The D..
43 comments
@movies


contact us   |   bx@twitter   |   bx@facebook   |   mobile   |   privacy   |   search   |  © BX 1998-end of time.