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December 16, 2010

The next tulip bubble

Theodore Dalrymple has his full curmugeon on, castigating student rioters for their quite understandable desire to have someone else pay for their education.

More fool them: University qualifications are not worth what they used to be. At least one giant accounting firm has decided to bypass university graduates entirely, choosing instead to hire and train school leavers directly.

Business lobby groups said the move also highlights a growing ‘suspicion’ among firms that a university degree is worth less than it used to be.
...
Phil McCabe, from the Forum of Private Business, said: ‘Entrepreneurs are already sceptical that universities can produce workers with the attitude and aptitude they need. And the pool of talented young employees in higher education is likely to shrink as a result of barriers created by tuition fees.’

Its researchers found that business owners are twice as likely to prefer recruiting school or college leavers than graduates or post-graduates.

Being paid for professional, applicable training instead of taking on a mountain of debt for an undgraduate (or graduate) "studies" degree. It isn't a choice, it's an intelligence test.

Posted by Ghost of a flea at December 16, 2010 06:47 AM