Quote:
Originally Posted by SeeGeeWhy
Don't you think that tuition prices should decrease if the degrees are no longer providing access to high paying jobs?
i.e.... demand will drop and so will price?
Or does the market look at this as a signal that they need even MORE education to stand out and earn those few high paying jobs that are available?
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Degrees are required for more and more jobs than ever before, so demand certainly isn't dropping. I think your second thought is more accurate, people are pushing on into graduate programs in order to stand out, and taking on HUGE debt in the process, and finding that there aren't jobs after that either. Some of that is due to naivety, but schools have often obscured the reality of what lies beyond graduation and sold students a dream that was never going to happen.