They’re paying far too much attention to prestigious degrees.
Yes. There’s no reason to think that will give them better employees. And all this does is continue to inflate the disastrous higher-ed bubble.
[Update a few minutes later]
This seems related: Students complain that a professor’s op-ed makes them feel bad.
I’ve forgotten who it was, but about a year ago a big British company announced that they were going to stop considering degrees when someone applied for a job because they found no link between degrees and success in the company.
One of the big reasons degrees were useful in the past was because they were highly correlated with IQ, which is highly correlated with success in a job. And it was easier than asking applicants to take an IQ test.
But now the left have destroyed the universities and now hand out their ‘all must have prizes’ degrees to everyone who turns up, they have little value even as IQ tests.
I think a lot of people are going to be shocked by how fast the university bubble bursts.
In the US, it’s illegal for an employer to set a requirement that is (1) de facto racially discriminatory, and (2) not directly connected to job requirements. This is true even if the discimination is not intentional. The relevant SCOTUS case involved a requirement for a high school diploma, but the reasoning could equally well be applied to a requirement for a Bachelor’s degree.
In other words, the obnoxious “signalling” behind the overvaluing of college degrees seems likely to run afoul of federal law.
If such a case were litigated and won, the value of a college degree (except in narrow cases of specific majors that could be shown to be connected to job requirements) could evaporate. This would almost surely burst the higher ed bubble, especially if job requirements became instead requirements for demonstration of training and/or competence in specific technical skills.