September 05, 2004
Gary North on why college graduates get higher paid jobs

My friend David emailed with a link to a piece by Gary North, holding forth on why the job market loves college graduates. Sample quote:

… A college graduate has shown that he has been willing to suffer enormous boredom, broken only by weekend parties, for five or six years. (Very few students get through in four years, as their savings-depleted parents will tell you in private.)

Here is someone who has survived years of a system designed by bureaucrats to produce bureaucrats. He has either been subsidized by his parents (50% of college students) or else has paid his own way (that’s the one I want to hire). He has put up with years of academic nonsense spouted by left-wing bureaucrats who could not hold a regular job in industry, let alone run a business.

Here, in short, is a certified drudge. Better yet, he has been certified at someone else’s primary expense: parents, taxpayers, and collegiate donors with more money than sense.

At this point in concocting this posting I got stuck, because I really don't know whether North is right or not, or what. But an interesting link should not depend on me having something smart to add to it, so here it is anyway.

Gary North includes another interesting link later in his piece, to something called Cooperative Education. Worth checking out. The idea is to improve on the cost and inefficiency of years of higher education, followed by potential job market disappointment.

Posted by Brian Micklethwait at 11:41 PM
Category: Higher education