popeye1250
Posts: 18104
Joined: 1/27/2006 From: New Hampshire Status: offline
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quote:
ORIGINAL: ripples Errrrr, that's only one issue in a huge social situation. More people are doing undergraduate degrees (whatever their worth) than ever before. However, this very factor devalues what a degree was once worth. Universities make money through the number of students on their books, failing students doesn't make them money, thus it is in the universities interests to give the students an easier ride - giving more opportunities to re-take etc. More job applicants have degrees, so employers have to look at the status of the university from which the degree was obtained and the degree classification itself. Having a 2.1 Medical degree from Imperial is worth more than a 1st from Southampton. So, exactly the same as it was before. Going back to the 'class' system; it is better identified, in my opinion, in the method of consumption used by the individual. And this is, to a degree, determined by the wealth and thus the choices available to the individual. A plumber nowadays, is probably earning double what I am with a doctorate. As a result, I would argue that he has more choices and thus more power than I do, which does not make him working class with the connotations that that has. I hesitate to believe that there was no underclass when you were growing up. There has always been a segment of society that has a limited participation in the workforce and no personal wealth to fall back on. Look at the work houses, the 'loony bins'. But then again, there's no agreed definition of what 'underclass' actually is. It's a subject that's really important to understanding how individuals, communities, societies and thus countries, operate. But it's not one that I'm nearly qualified enough to comment on... so I'll shut up now Ripples, I know a Biochemist PhD. who works at Tufts U. in Boston who makes about $60-$65k per year. A Master Plumber who has roughly the same amount (in years.) of education as him in Boston can make $300-$400k per year. It's called the law of supply and demand. My friend told me; "You don't go into science for the money." Forty years ago when 10-12 % of people had a college degree they were worth more. Now they're a dime a ton! In some highschools in this country 80-90% of the students go to college after graduation! In our govt. especially we have people doing jobs with degrees and titles now that were handled by secretarys 20 years ago! There are FIFTY THREE PAGES of "Lawyers" in my phone book. One thing we have no "shortage" of in this country is people walking around with college degrees. The colleges and universitys are absolute "Degree Factories" in this country. Truck drivers make more money than most people with college and university degrees these days. My brother owned his own long haul truck in the 90's up until 2002 and we never saw him hardly. He said his "worst year" was $92,000! His best,...$131,000. He's now comfortably retired.
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"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"
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