Saturday, January 18, 2014

Grad School Blues

Instapundit's Glenn Reynolds, who has written a book on the higher education bubble, points to an article on the questionable pay-off of many graduate degree programs. This is not the environment which many of us encountered years ago and the expense has become unbelievable and the job market has shrunk. 

I believe that the future will bring (1) a rise in certification programs in certain subjects so people don't have to get a full diploma in order to be marketable in the workplace and (2) a decrease in the amount of time it takes to get some graduate degrees. The universities are about to get clobbered by the market. [Look at the decline in law school enrollments.]

Employers who have had unnecessarily rigid degree requirements have contributed to this problem and should push for certification programs.

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