Good day all. Once upon a time, the best way to get ahead was to go to college, learn useful things and get a degree. That still hold true for certain career paths, such as medical school or engineering. However, over the last 20 years or so, most of the college degrees handed out have been pretty much useless on the job market.
Far to many students graduated with degrees in some useless major such as interpretive dance theory and a massive student loan they had to pay off. For many companies, they would look at those people and circular file their applications. This has led parents to rethink colleges and instead have their children look at assorted trade schools.
I won’t bore you with all the details regarding a trade school and college. Suffice to say, if you finish trade school and get the appropriate certifications, in a few years you can make almost as much as a new doctor without the debt. Now the other shoe is dropping on the Universities and colleges. Schools are closing and others are slashing headcount. Here are the details from Fox News:
A new report from Inside Higher Education says the university system is bleeding jobs.
The report, published Tuesday, found that the higher education sector lost 300 jobs in December, and a total of over 9,000 ??positions were cut through layoffs and buyouts in 2025, which the report stated is “undoubtedly an undercount due to unreported personnel actions.”
There is a reason for this of course. One is that enrollments are dropping. Some would say cratering. Employers are rethinking the “Must have college degree” in their requirements. They have found that most recent graduates are basically, useless. The employers are fine with training new people, but they need people who want to work, not play woke, victim games. Of course, the falling enrollment levels aren’t what the colleges are blaming for the job reductions.
The report cites President Donald Trump’s restriction of federal research funds, the priority of limiting enrollment of foreign students, and clashes with universities over infractions of alleged civil rights violations as well as increasing operational costs and “an uncertain federal policy environment” as the culprits.
Trump has tried to block billions in federal funding from Harvard, citing allegations of antisemitism, and in December lawyers for the Trump administration said they would appeal a judge’s order to restore $2.7 billion in frozen federal research funding to the institution.
I recall that case. It was yet another COB judge, in this case an Obama judge, who decided that she was in charge and not the President or Congress. That ruling is being appealed and will probably be overturned by SCOTUS, again.
Also, with all the fraud being uncovered, more and more people are looking into how their tax money is being squandered spent and places like Harvard, which is sitting on upwards of $50 billion in endowments are asking why are they getting government money?
According to the report, Chicago-based DePaul University slashed 114 staff jobs last month, and has reportedly lost hundreds of international students. University of Nebraska–Lincoln has a plan to cut 51 jobs. Western Wyoming Community College did away with 33 jobs and reorganized 30 others, and almost three dozen faculty members at the University of Kansas chose to take buyouts offered by the school.
The Fox story lists a number of colleges that are making cuts. Frankly, this is long overdue. I’ve read that schools such as UCLA have a huge administrative overhead. Add to that all the garbage majors that most colleges and universities offer. The amount of money wasted by schools rivals the government.
Nicole Neily, founder and president of Defending Education told Fox Digital “In the years to come, many colleges and universities will need to consolidate or close, and this is an opportunity for leaders to determine what kind of institution they want to be – and whether there’s any market demand for what they purport to offer.”
In far to many cases, there is no market for the garbage they’ve been “teaching” for years. People graduate with degrees in what amounts to underwater basket weaving and a massive student loan debt with no real job prospects. This is why high school graduates and their parents are rethinking whether college is actually a benefit or not. What you may start seeing is people taking specific classes for personal or business growth but not dropping 10’s of thousands of dollars on degrees that are all but worthless.
White House spokesperson Liz Huston told Fox News Digital, “The Administration is proudly following through on President Trump’s promise to stop taxpayers from being forced to fund wasteful spending in American higher education.”
One of the other problems is just how rapidly tuition has increased in the last 15-20 years. It is far above the inflation rate, including the recent Bidenflation we’re in the process of recovering from. Part of this was the virtual nationalization of the Student Loan system by the Federal Government. Colleges knew they would get paid and that the government would be the ones dealing with broke graduates. They saw this as a great way to increase their income.
I never went to college. I did take classes in my field and spent a lot of money learning my craft. However, I was also working, and while I did take out a loan for my first training classes, I had it completely paid off in less than 2 years. I looked at college and quickly realized that it wasn’t for me.
Now others are also coming to the same conclusion I did back in the days of the quill pen and are looking at alternatives. I see a large number of colleges closing down in the next 5-10 years and even the Ivy league schools doing major reductions in their curriculum, staffing and even in their real estate holdings. It’s that or eventually, they will fail completely.
Thatisall
(2 votes, average: 5.00 out of 5)
Loading...
~The Angry Webmaster~
