Tuesday, 15 November 2011

higher education bubble visible to the military

One of the biggest pushers of higher education is the United States military. They encourage it among their enlisted, they require it of their officers, and Congress lets them craft myriad ways to shower money on it. I myself am a shameless beneficiary in my own modest way.

This week, for the first time, I heard an education counselor for the military admit that there are perhaps too many Masters degrees in circulation. "How would your life be any different if there were fewer" higher-degree holders, he asked. It wouldn't, he answered for us. Then, "how would your life be different if there were fewer engine mechanics, chefs, or plumbers?" Insert vague reference to Occupy Wall Street encampments here.

He was hinting that fields needing advanced degrees are saturated with graduates, and reminding his audience that GI bill education benefits also are eligible for the trades. The benefits taper off quickly over time in such apprenticeships, because the GIs receiving them are drawing steadily increasing pay.

Makes me want to drop out, again, and go to gunsmithing school.

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