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URL:  http://boards.fool.com/ltlt1-are-there-too-many-people-getting-30662746.aspx

Subject:  Re: College degree value Date:  5/1/2013  5:03 PM
Author:  SeattlePioneer Number:  49254 of 60047

<<1 - Are there too many people getting college degrees? Will the countries that dominate world economics in the future need fewer people with advanced education? I find this idea ludicrous. In a world economy, knowledge and expertise has significant value wherever it occurs. Limited knowledge and expertise limits participation in the global economy to menial labor pursuits.

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This is your own bias. A glut of anything reduces its economic value.

There have been plenty of countries that have graduated a glut of college graduates, many of whom became public nuisances because they couldn't find suitable work.


Seattlepioneer
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