Saturday, January 29, 2011

oversupply

I found this on the internet:
“Obtaining a degree today does not guarantee getting a job,” states El Universal newspaper of Mexico City. A recent study conducted in Mexico revealed that “between 1991 and 2000, 40 percent of professionals had to take jobs unrelated to their degree course.” This means that some 750,000 university graduates are performing jobs that do not require a degree, such as those of “telephone operators, drivers, magicians, clowns, [and] bartenders.” The report estimated that by 2006, in Mexico there will be 131,000 more administrators, 100,000 more accountants, 92,000 more computer engineers, 92,000 more elementary-school teachers, and 87,000 more lawyers than there are jobs available in these professions."

I am a good example of this. I took up BS Pharmacy, chose not to finish it and be an entrepreneur. I went to college because my parents expected me to do so, and everyone else was doing it.

In today's world, If my kids want to stop going to school, so be it. I won't force them to go get an "education" but instead encourage them to learn whatever interests them at any given time.

If you wish to learn more about an alternative to the existing status quo, click here.