>>13828157College degrees are just the new high school diploma. You need one to get any decent job, but alone they aren't worth much.
It's why people are calling for free/cheap college. If the value of the diploma is roughly equivalent to what a high school diploma was in the 60s, and at the time high school was and still is free, then its handicapping generations of people to have to immediately go into tens of thousands or hundreds of thousands in debt. It's easy to want to assign blame to this, that, or the other, but at the end of the day its just the way the world evolved.
>>13828205>A lot of US economy (specifically the manufacturing and industry) has been outsourced to East Asia by the capitalistsYes partially, but honestly its also a lack of local talent/US workers. I work for a drug discovery company, and we are hiring a data analyst/ML expert. We went to a local uni career fair, a fairly well-known state university. The career fair was only for students of their data science-type programs. Literally 100% of my applicants were chinese or indian. Nothing against them mind you, if you are a hard worker and perform as we pay, all the better. But we didn't have a single white kid come to this career fair, and maybe only half the applicants were from the US originally.
There is an obvious saturation of our market by 1st and 2nd gen immigrants, but its honestly because we just don't have any local talent applying. I really don't know why. Mind you, I know the demographics of the Uni's programs, and its not like its 90% immigrants -> therefore only 90% immigrants applying.
The culture around immigrant workers is that they are fairly hard workers and generally very good at math. We found that to be true with our applicants. Again, if they fill the role I don't care who they are, but I want to tamp-down the idea that we are specifically seaking outsourcing to other countries; certainly the fortune-500 do, but most smaller businesses would rather hire local.