Yes, but do we need Higher education at all?их же никто не заставляет идти в колледж
According to wiki:
College educated workers have commanded a measurable wage premium and are much less likely to become unemployed than less educated workers. However, the admission of so many students of only average ability to higher education inevitably requires a decline in academic standards, facilitated by grade inflation. Also, the supply of graduates in many fields of study is exceeding the demand for their skills, which aggravates graduate unemployment, underemployment, credentialism and educational inflation.
Recent data leave little doubt that grades are rising at American colleges, universities and high schools. An evaluation of grading practices in US colleges and universities written in 2003, shows that since the 1960s, grades in the US have risen at a rate of 0.15 per decade on a 4.0 scale. The study included over 80 institutions with a combined enrollment of over 1,000,000 students. An annual national survey of college freshmen indicates that students are studying less in high school, yet an increasing number report high school grades of A− or better.
https://en.wikipedia.org/wiki/Grade_inflationResearch undertaken proved that unemployment and underemployment of graduates are devastating phenomena in their lives. A high incidence of either are indicators of institutional ineffectiveness and inefficiency. Since the beginning of the economic recession in the US economy in 2007, an increasing number of graduates have been unable to find permanent positions in their chosen field. According to statistics, the unemployment rate for recent college graduates has been higher than all college graduates in the past decade, implying that it has been more difficult for graduates to find a job in recent years.
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Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which usually requires a reduction in educational quality), and students being constantly told that an academic degree is the only route to a secure future.
https://en.wikipedia.org/wiki/Credentia ... _inflation
https://en.wikipedia.org/wiki/Graduate_unemployment