An opinion article entitled “College too easy for its’ own good” reiterates all the problems with higher education noted by the Pittsburgh Classical Antiquity examiner.
In the current change over period, we can stop deluding ourselves that this is a temporary economic downturn, the value of an educated person to a Servile State is nil.
Then there are the “Quick Paths to a New Career” even then these are still not assured since a lot of employeers want a bachelors in addition to a certificate.
All the knowledge in the world means nothing without the imagination to implement it in a useful manner. Process monkeys, office adminstrators, and clerical staff do not produce wealth, like middle men they are only facilitators.
Thus the deamnd for college “educated” process monkeys will not diminish, though the number of jobs will not be there, and in this regard colleges and universities will be able to stay afloat.
Higher education will continue since it relies on the principle of delayed gratification: people are unemployed so they go to/return to school in the hopes of bettering their lot, the pay off however is not seen immediately. This leaves plenty of time before buyer’s remorse sets in.
This trend will not reverse itself, because employeers can still demand a employee be their debt slave (i.e. college graduate) as a condition of employment.
“Time was when imagination meant more than money but today poor and boor mean the same thing.”
-Ovid, Amores, Book III