Do we need University degrees to succeed in these times? Google announced it is hiring employees without college degrees, and Ernst & Young made a similar decision in the U.K. last fall. Time for a discussion, it seems. Thanks Sonika for sending the link.
Think about it: Which is more indispensable to you in your job — your university education or the university you have in your pocket, your smartphone?
American universities need to change. The current $1.2 trillion in student loan debt is crushing graduates. Total student loan balances have tripled since 2003 and are the second-largest category of borrowing after mortgages. If major employers like Google and Ernst & Young see less need for a college degree, and if other big companies follow suit, then students are paying an exorbitant price for a product of decreasing value.