you'll see what I'm talking about with regards to the type of degree. Note the
high paying degrees - they aren't liberal arts degrees. Look at the bottom of
the list, Elementary Teacher Education, which is one of the easiest to obtain.
That starting wage applies only if the person can find a job, and they aren't
that easy to find. The supply is simply too great.
A problem is that the number of graduates with the 'hard degrees' is dwindling.
High school graduates are not what they used to be, and therefore they don't get
the 'hard' degrees in college in sufficient numbers. Because the supply is
dwindling, the wages for these folks goes up. Because the number of 'soft (if
any) degree' is increasing, the supply is greater than demand and the wages stay
down.
So we end up with an upper middle class, and more lower middle class (or poor),
and no 'middle' middle class.
--
John H
"All decisions are the result of binary thinking."