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The Problem with University

LMRM

Contributor
Nov 2, 2018
22
21
21
South Africa
Hello,

I would like to discuss issues around university graduates and the constant state of unemployment most of them are in due to several reasons. I also want to elaborate how university and other tertiary educational facilities are not necessary to actually become educated. In this day and age, almost all education is completely free as long as you have an internet connection.

Introduction

People assume finding work straight after graduating from university is easier than without a tertiary qualification but they are almost always shocked by the lack of interest in newly graduated people looking for work, especially without work experience. A University graduates dilemma’s, the compulsorily need for work experience, the accelerating redundancy of university and the unlimited power of the internet. The world is changing faster than we can handle and faster than we want it to.

A University Graduates Dilemma’s

The sole purpose of university is to get a piece of paper (sometimes 2 or more depending on whether or not you continue with studies) that basically says your qualified in some field or course. It however, does not prepare you for the painful integration into the machine of the working world. It does not guarantee a job you will like, a decent salary or satisfaction for the 3 – 5 years you dedicated to it. You may be wondering why I’m saying all this when something like the unemployment rate for graduates in the US is only 3.7% from December 2017 – December 2018, but this doesn’t mean they are actually working in a sustainable job nor a job they like.

About 58% of graduates working in their first job leave within 7 months to a year, 13% leave just under 6 months in and only 29% stay in their first job after 1 year. One of the biggest reasons for this is that 40% of graduates take jobs that are not even degree demanding because often or not that’s all they can get. Most companies do not like hiring recent graduates that have little or no work experience. Even adequate amounts of work experience can become redundant if they do not have relevant skills that transfer over to the job your applying for. So you have spent 3 – 5 years slugging away, you need to pay off your debt for your student loans and books and residence, you apply everywhere that your degrees applicable and barely get any responses, and now you work at McDonald's while still living with your parents. That is a very real situation for many graduates out there and it needs to change.

The Compulsorily Need for Work Experience

A lot of people have the mistaken fallacy that a degree or diploma on its own equals a high paying job or even work and that’s a mistake that is never corrected early enough. To be able to easily find a job is the same as being a diamond, you need to become a valuable resource that everyone wants because you guarantee quality and efficiency in your desired field. You sell yourself as a package to a company every time you apply to a job, the package being your CV and the contents comprising of your education, qualifications, achievements and WORK EXPERIENCE. Work experience is most often the deciding factor between you and another person for a job position and that’s why getting any work experience at all as early as you can is beneficial. If you can get work experience in something that relates to your desired job in the future its even better. Too many young adults think that all they need as that university degree and its often the downfall of a lot of them.

The Accelerating Redundancy of University

Now I am not referring to the sole purpose of university in giving that important piece of paper/s but in its implied role as a source of education. Almost all the information that university teaches you can be found online and not only is this easier to access but it is almost always completely free as opposed to the couple of thousands of dollars you would pay every year for university fees. An example of this redundancy comes from my experience in temporarily studying electronic engineering before switching courses due to my absolute hatred for what I was actually doing in the course. As an electronic engineering student I had to study both chemistry and social studies. The reason for having to study chemistry was apparently for “background information” as the one lecturer described it and it was never used or needed for any other course after that which infuriated me immensely. The reason for needing social studies was because apparently “all engineers do not have good morals” so we were taught everything from hate crime cases to gender studies… Even the courses that I thought mattered were redundant in that what was taught was standardized and what was mathematical was simply irrelevant because calculators and other programs exist. But the worst thing is that we had to pay for over $400 worth of textbooks… and the irony of all this is that I found out that I could get all the information for every subject, in every textbook, and any help I would need, online for free… My entire engineering syllabus was online for free right in front of me but it didn’t matter because learning how to become a competent engineer is not as important as getting that piece of paper. The only thing about university that I will say is important is the practical portions of it. Actually doing what your hoping to do in the future is an amazing way of teaching and if it was only done more often, university would not be as frustrating. A piece of paper is more important than your actual understanding.

The Unlimited Power of the Internet.

Here I will list just a few things the internet can do and how this ultimately over shadows any methodology of the past:

· Free access to almost all information(documents, articles, encyclopedias, research, news, statistics).

· YouTube tutorials.

· Online grammar and spell checkers.

· Online help forums.

· Email.

· Video meetings.

· Live streams.

· Cloud storage.

· Online tutors.

· Working on documents at the same time(google slides, google docs).

· Online messaging.

· Semantic search engines suited to your preferences.

· Free educational courses(Khan academy, w3schools).

· Website creation for advertising.

· Sever hosting and renting.

· Instantaneous information transfer.

· Easy access to free lance workers.

· Secure forms of communicating important information (encoding).

And the list goes on, as these are only a few aspects that show how convenient and essential the internet is in the modern day.

I do want to apologize about getting a bit emotional during the The Accelerating Redundancy of University paragraph as it is something I feel very personal about but none the less, I hope it was helpful to you all in some way.

Thank you for reading.





References

· Why your first job out of college really, really matters

· New Survey Results: Recent Grads Leave First Jobs Quickly

· U.S. - unemployment rate of recent graduates, December 2018 | Statistic
 

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jesseissorude

Silver Contributor
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Jun 12, 2014
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jk :)

Fellow engineer here. I agree that you can learn everything you need outside of a university, but for most jobs that's not the point.

When I was making hiring decisions for engineer jobs, I'd never even consider someone who hadn't graduated from an ABET accredited institution. That degree told me the applicant could work hard and has been exposed to all the math and terminology that I would need him/her to know to learn the job we were about to drop them into.
There are some "pieces of paper" that are absolutely necessary if you've chosen a specific goal (like a career path that requires a certain degree). Getting my EE degree was the best decision I'd ever made.

On the other side of that coin, I also got an MBA. It was the dumbest decision I've ever made. I thought it would help me start a business. Really, I should have just saved the money and used that as startup capital and started a business 2 years earlier! It was an extremely elaborate form of procrastination for me.

It all depends on your life paths. If getting a degree is just a checkbox to fill because you think that's the next step in your life, then I agree, it's a dumb decision.

Don't forget, too: Mark Zuckerberg, Bill Gates, and countless others became successes by dropping out of college... but they only dropped one once a better opportunity they couldn't ignore came along. I'd argue that what they were doing in college at the time was integral to the businesses they ended up starting.
 

LiveEntrepreneur

Bronze Contributor
Read Millionaire Fastlane
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Aug 17, 2017
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I see what your saying. Remember univeristy is only for the person who requires it for their goal. Internet is a great resource but there is so much shit out there and garbage that its just information overload. Especially blogs, imo one of the worst resources to learn from. Because they are never indepth, dont cater to your unique circumstance, and just leaves you hanging with no specifics.

Also the internet has WAY too much noise. Have you noticed how for example these so called "successful" people say you got to do this or that? If i were to build a list it would probably have over 1000 items on it. How the hell does one accomplish all that? I think its all bullshit and they are just writing content. So i guess you gotta stay focused and disciplined which is hard. Because there are 1000 people telling you 1000 things.

Thats one thing i like about uni its structured. But it is 40k+. If you can self learn and be disciplined i think thats the best option.
 
OP
OP
L

LMRM

Contributor
Nov 2, 2018
22
21
21
South Africa


jk :)

Fellow engineer here. I agree that you can learn everything you need outside of a university, but for most jobs that's not the point.

When I was making hiring decisions for engineer jobs, I'd never even consider someone who hadn't graduated from an ABET accredited institution. That degree told me the applicant could work hard and has been exposed to all the math and terminology that I would need him/her to know to learn the job we were about to drop them into.
There are some "pieces of paper" that are absolutely necessary if you've chosen a specific goal (like a career path that requires a certain degree). Getting my EE degree was the best decision I'd ever made.

On the other side of that coin, I also got an MBA. It was the dumbest decision I've ever made. I thought it would help me start a business. Really, I should have just saved the money and used that as startup capital and started a business 2 years earlier! It was an extremely elaborate form of procrastination for me.

It all depends on your life paths. If getting a degree is just a checkbox to fill because you think that's the next step in your life, then I agree, it's a dumb decision.

Don't forget, too: Mark Zuckerberg, Bill Gates, and countless others became successes by dropping out of college... but they only dropped one once a better opportunity they couldn't ignore came along. I'd argue that what they were doing in college at the time was integral to the businesses they ended up starting.
Education, qualifications, connections and achievements all mean nothing if you don't make the correct life choices which is the hardest part about building and growing a future for yourself.
 

Kevin88660

Bronze Contributor
I've Read UNSCRIPTED
Speedway Pass
Feb 8, 2019
385
324
162
Singapore
Hello,

I would like to discuss issues around university graduates and the constant state of unemployment most of them are in due to several reasons. I also want to elaborate how university and other tertiary educational facilities are not necessary to actually become educated. In this day and age, almost all education is completely free as long as you have an internet connection.

Introduction

People assume finding work straight after graduating from university is easier than without a tertiary qualification but they are almost always shocked by the lack of interest in newly graduated people looking for work, especially without work experience. A University graduates dilemma’s, the compulsorily need for work experience, the accelerating redundancy of university and the unlimited power of the internet. The world is changing faster than we can handle and faster than we want it to.

A University Graduates Dilemma’s

The sole purpose of university is to get a piece of paper (sometimes 2 or more depending on whether or not you continue with studies) that basically says your qualified in some field or course. It however, does not prepare you for the painful integration into the machine of the working world. It does not guarantee a job you will like, a decent salary or satisfaction for the 3 – 5 years you dedicated to it. You may be wondering why I’m saying all this when something like the unemployment rate for graduates in the US is only 3.7% from December 2017 – December 2018, but this doesn’t mean they are actually working in a sustainable job nor a job they like.

About 58% of graduates working in their first job leave within 7 months to a year, 13% leave just under 6 months in and only 29% stay in their first job after 1 year. One of the biggest reasons for this is that 40% of graduates take jobs that are not even degree demanding because often or not that’s all they can get. Most companies do not like hiring recent graduates that have little or no work experience. Even adequate amounts of work experience can become redundant if they do not have relevant skills that transfer over to the job your applying for. So you have spent 3 – 5 years slugging away, you need to pay off your debt for your student loans and books and residence, you apply everywhere that your degrees applicable and barely get any responses, and now you work at McDonald's while still living with your parents. That is a very real situation for many graduates out there and it needs to change.

The Compulsorily Need for Work Experience

A lot of people have the mistaken fallacy that a degree or diploma on its own equals a high paying job or even work and that’s a mistake that is never corrected early enough. To be able to easily find a job is the same as being a diamond, you need to become a valuable resource that everyone wants because you guarantee quality and efficiency in your desired field. You sell yourself as a package to a company every time you apply to a job, the package being your CV and the contents comprising of your education, qualifications, achievements and WORK EXPERIENCE. Work experience is most often the deciding factor between you and another person for a job position and that’s why getting any work experience at all as early as you can is beneficial. If you can get work experience in something that relates to your desired job in the future its even better. Too many young adults think that all they need as that university degree and its often the downfall of a lot of them.

The Accelerating Redundancy of University

Now I am not referring to the sole purpose of university in giving that important piece of paper/s but in its implied role as a source of education. Almost all the information that university teaches you can be found online and not only is this easier to access but it is almost always completely free as opposed to the couple of thousands of dollars you would pay every year for university fees. An example of this redundancy comes from my experience in temporarily studying electronic engineering before switching courses due to my absolute hatred for what I was actually doing in the course. As an electronic engineering student I had to study both chemistry and social studies. The reason for having to study chemistry was apparently for “background information” as the one lecturer described it and it was never used or needed for any other course after that which infuriated me immensely. The reason for needing social studies was because apparently “all engineers do not have good morals” so we were taught everything from hate crime cases to gender studies… Even the courses that I thought mattered were redundant in that what was taught was standardized and what was mathematical was simply irrelevant because calculators and other programs exist. But the worst thing is that we had to pay for over $400 worth of textbooks… and the irony of all this is that I found out that I could get all the information for every subject, in every textbook, and any help I would need, online for free… My entire engineering syllabus was online for free right in front of me but it didn’t matter because learning how to become a competent engineer is not as important as getting that piece of paper. The only thing about university that I will say is important is the practical portions of it. Actually doing what your hoping to do in the future is an amazing way of teaching and if it was only done more often, university would not be as frustrating. A piece of paper is more important than your actual understanding.

The Unlimited Power of the Internet.

Here I will list just a few things the internet can do and how this ultimately over shadows any methodology of the past:

· Free access to almost all information(documents, articles, encyclopedias, research, news, statistics).

· YouTube tutorials.

· Online grammar and spell checkers.

· Online help forums.

· Email.

· Video meetings.

· Live streams.

· Cloud storage.

· Online tutors.

· Working on documents at the same time(google slides, google docs).

· Online messaging.

· Semantic search engines suited to your preferences.

· Free educational courses(Khan academy, w3schools).

· Website creation for advertising.

· Sever hosting and renting.

· Instantaneous information transfer.

· Easy access to free lance workers.

· Secure forms of communicating important information (encoding).

And the list goes on, as these are only a few aspects that show how convenient and essential the internet is in the modern day.

I do want to apologize about getting a bit emotional during the The Accelerating Redundancy of University paragraph as it is something I feel very personal about but none the less, I hope it was helpful to you all in some way.

Thank you for reading.





References

· Why your first job out of college really, really matters

· New Survey Results: Recent Grads Leave First Jobs Quickly

· U.S. - unemployment rate of recent graduates, December 2018 | Statistic
I think we all know why in many ways university education is overrated. If you are looking for a vocational school like practicality, University is a bad place.

I still think University experience can be very beneficial for personal growth. It does teach you how to think about issues. Historically University (at least in the liberal arts field) was supposed to follow the values of enlightenment, that is the art of acquiring knowledge for the sake of doing so.

The academic has an unique way of looking at things and the methodology js very rigorous. Review existing literature, conducting surveys and experiments, forming a hypothesis and test it....

Direct application in private sector
-Research and development
-Quantitative Trading

Soft application
-Critical thinking. For example when it comes to business and wealth the average joe slow leaners was all about “doom and gloom”. But in the self-help industry, motivational talks and “change the world” mantra were equally full of blind optimism. I think the “objective academic lens” help someone to see things from both sides-recognsing that the glass is indeed half full and half empty and the task is to think about how to refill to make it a full glass.
 

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