For most students internships are hard to come by. Most job announcements require several years of work experience that most graduates don’t have. The results: high rate of graduate unemployment. At the same time the cost of higher education keeps sky-rocketing and student loans have literally become a modern-day shackle of debt slavery. What is the solution?
To be clear, higher education is necessary whether or not one gets a job immediately. It is for individual self-discovery and enlightenment but also good for society as people can understand this complex world a little better than if they were not educated at all. But all this at what cost and what are the long-term effects of the current situation of graduate unemployment around the world? Remember, the cost also includes opportunity cost of higher education in lieu of alternative sources of knowledge acquisition. Your comments are welcome.
How do we fix the problem graduate unemployment and high cost of higher education?
Perhaps following approach can be considered:
A good reply, but it can only be implemented when a driving force will make sure it gets implemented.
All labor need to organize and establish a different set of priorities. Social changes in favor of workers will only happen when workers themselves realize what a force they are - once they are united an determined...
Encourage students to align their education with market demand. Those who have studied data analytics, healthcare management and similar programs/courses do *not* face the problem of graduate unemployment. They get a generous rate of return on their investment in higher education.
Aligning one's degree with market demands is merely a form of pimping my work. What happens to all those fields that don't attract market attention, such as the three R's or worse are subject to intellectual harassement, such as climatology?
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