And how do you propose the government try to fix credentialism?
For all the talk about how useless degrees are, companies still choose to require them, especially the companies helmed by “college is a scam” zealots.
For all the talk about how useless degrees are, companies still choose to require them, especially the companies helmed by “college is a scam” zealots.
This is what a peacock spiral looks like. Government is fundamentally for breaking these kind of incentive failures. Not supercharging them through blank check forgivable loans.
Agreed the loan behavior exacerbates the issue rather than mitigates it, but “the current solution is bad” doesn’t necessarily mean the same agent is able to produce a good solution. If you’re certain the government is capable of breaking it: how?
That’s not my point at all. It’s that all our federal politicians and political parties have had their ambitions shrunk down to nothing.
No one at all is saying—-hey this credentialism thing is a serious problem, vote for us and here’s how we’ll attack it. Even if someone was proposing an idea I totally hated, I would at least appreciate the effort to actually solve a real problem.
If you think credentialism is impossible for the government to make a difference on, pick something else. Anywhere you look for the last 14 years we’ve had few to no ambitious proposals.
> The Department of Labor (DOL) is announcing an Advanced Manufacturing Registered Apprenticeship Accelerator Series that will support hundreds of employers to speed the development and launch of Registered Apprenticeship programs in high-demand occupations, such as industrial manufacturing technicians, robotics technicians, and industrial maintenance mechanics. Since the beginning of this Administration, the number of apprentices in advanced manufacturing Registered Apprenticeship programs has increased by 10 percent—and this effort will build on that growth.
The administration has backed numerous apprenticeship programs like BioFabUSA that explicitly do not require college degrees.
The administration created "Investing in America Workforce Hubs" in several cities to attract private investment into programs that, again, prioritize high-quality jobs that do not require college degrees.
So it is simply untrue that no one is saying credentialism is a problem and trying to attack it. The current administration talks about this to no end and has attempted dozens and dozens of substantial attacks on it.
Again, if you have ideas other than grant funding and tax incentives, I'm truly curious to hear them.