Economy Moving Skill-Centric - Hiring Rates Down for College Grads

Generations Radio

Turns out that finding a job in today's market has been harder for those who have attained a bachelor's degree. Since 1980, the price of a college education has risen at 1300 percent, while the CPI has risen about 150 percent. College debt has gone from $300 billion to $1.75 trillion since 2004 in 20 years. That's a six-fold increase, with 85 percent of kids getting bachelors' degrees graduating with debt. The economy is moving from degree-centric to skill-centric, and mentorship is the fastest way to skill development.