MYTH: Most future
jobs will require a 4-year college degree.
FACT: Of the 145 million jobs in 2008, only
21% will demand a bachelor degree. Some experts
say the number is as low as 15%.
MYTH: Most
high-paying jobs will be in technical fields
that will require a 4-year degree.
FACT: The largest segment of highly paid, technical
workers will find work in occupations
that
require less than a bachelor's degree.
MYTH: In light of oversupply, baccalaureate degree
holders will displace non-degree
or associate, technical degree holders
in jobs
that do not require a bachelor's degree.
FACT: With specialized occupation skills, the
technical worker will not be displaced
by the
college graduate with low skills.
MYTH: Because higher education is highly correlated
with future earnings,
education
guarantees
higher income.
FACT: In our current,
competitive labor market, wages are a return
for occupational
and technical
skills in demand, not educational
level achieved.
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