The real story is about lifetime earnings and related outcomes in pension/Roth/401k and in health benefits.
Not that there's nothing here: Degree is over-valued as a life goal in a time where we no longer really value tertiary education the way we should, and charge the kind of for-profit costs (and loan tail) to get one.
Many non-degree career paths incur significant OHS risk and limits to your work life as a fit adult. Some degree paths to too: Physiotherapists cannot go on doing that kind of body-manipulation work forever without an effect on themselves, but if you plot lifetime earnings in medical against construction labour, it gets complicated fast.
> Physiotherapists cannot go on doing that kind of body-manipulation work forever without an effect on themselves
Physiotherapists don't usually manipulate patients, you're probably thinking of chiropractors. Even then, the amount of physical strain the manipulation puts on their body is minimal and can be adapted to.
I'm not talking about chiropractors. Physiotherapists I see, and have seen regularly for over 15 years all say the work includes physically demanding postural mechanics helping clients.
> you're probably thinking of chiropractors. Even then, the amount of physical strain the manipulation puts on their body is minimal and can be adapted to.
True.
By way of comparison it is much more damaging on your body to get your neck broken by a fake doctor than it is to be a fake doctor who breaks people's necks for a living.
> Degree is over-valued as a life goal in a time where we no longer really value tertiary education the way we should
What does “the way that we should” mean here? Are you disagreeing with the free market valuation of a good? If not the equilibrium created by supply and demand, what do you propose instead?
We have long ago crossed the point where a contractor/H1B from India is cheaper and can be forced to work longer hours has replaced the majority of STEM graduates who would have traditionally filled these roles. Just look at the campuses of all the big players (MSFT, AMZN, APPL, META, etc) and you'll see that Indians make up the majority of employees (H1B/Contractors).
At the moment they are not taking the Walmart, Safeway, Starbucks, McDonald's, jobs. So it makes sense that these kids without degrees are being employed at higher rates.
Yes, I have heard (even this far south) that they have taken over the Tim Hortons and Popeye's franchises in Canada. What happened in Canada over the last 30-40 years is now occurring in the USA. North Texas has been overrun with 10's of 1000's of Indians and it has been predicted that they will be the largest visible minority in Texas displacing Hispanics. I can only imagine that in the next few decades they will make up the largest group of non-Americans in the USA, basically 10's of millions of them.
The real story is about lifetime earnings and related outcomes in pension/Roth/401k and in health benefits.
Not that there's nothing here: Degree is over-valued as a life goal in a time where we no longer really value tertiary education the way we should, and charge the kind of for-profit costs (and loan tail) to get one.
Many non-degree career paths incur significant OHS risk and limits to your work life as a fit adult. Some degree paths to too: Physiotherapists cannot go on doing that kind of body-manipulation work forever without an effect on themselves, but if you plot lifetime earnings in medical against construction labour, it gets complicated fast.
> Physiotherapists cannot go on doing that kind of body-manipulation work forever without an effect on themselves
Physiotherapists don't usually manipulate patients, you're probably thinking of chiropractors. Even then, the amount of physical strain the manipulation puts on their body is minimal and can be adapted to.
I'm not talking about chiropractors. Physiotherapists I see, and have seen regularly for over 15 years all say the work includes physically demanding postural mechanics helping clients.
> you're probably thinking of chiropractors. Even then, the amount of physical strain the manipulation puts on their body is minimal and can be adapted to.
True.
By way of comparison it is much more damaging on your body to get your neck broken by a fake doctor than it is to be a fake doctor who breaks people's necks for a living.
> Degree is over-valued as a life goal in a time where we no longer really value tertiary education the way we should
What does “the way that we should” mean here? Are you disagreeing with the free market valuation of a good? If not the equilibrium created by supply and demand, what do you propose instead?
Seems like a good recipe for a long form post.
As an american with a degree and years of experience and even a PhD, it is hard to move jobs.
We have long ago crossed the point where a contractor/H1B from India is cheaper and can be forced to work longer hours has replaced the majority of STEM graduates who would have traditionally filled these roles. Just look at the campuses of all the big players (MSFT, AMZN, APPL, META, etc) and you'll see that Indians make up the majority of employees (H1B/Contractors).
At the moment they are not taking the Walmart, Safeway, Starbucks, McDonald's, jobs. So it makes sense that these kids without degrees are being employed at higher rates.
Junk away
In Canada they are.
Yes, I have heard (even this far south) that they have taken over the Tim Hortons and Popeye's franchises in Canada. What happened in Canada over the last 30-40 years is now occurring in the USA. North Texas has been overrun with 10's of 1000's of Indians and it has been predicted that they will be the largest visible minority in Texas displacing Hispanics. I can only imagine that in the next few decades they will make up the largest group of non-Americans in the USA, basically 10's of millions of them.
> APPL
AAPL
Non-paywalled link
https://www.msn.com/en-us/money/economy/americans-without-co...