Thirty percent of new jobs will only require "an associate's degree or a post-secondary occupational credential," the report found. It recommends a new direction by broadening "the range of high-quality pathways that we offer young adults. This would include far more emphasis on career counseling and high-quality career education, as well as apprenticeship programs and community colleges as viable routes to well-paying jobs."
Another surprising fact that argues against costly colleges and universities that impose heavy financial burdens on students, parents and government is found in a study conducted by The Wall Street Journal. It discovered "U.S. companies largely favor graduates of big state universities over Ivy League and other elite liberal-arts schools when hiring to fill entry-level jobs."
This sounds like a win-win-win. Attend a far less expensive state school and save money; avoid crushing debt that will take decades to repay; and reduce the burden on taxpayers. What's not to like?
Students and parents should have the right to choose when it comes to college, but if they choose a costly private institution, they should assume the financial obligations that go with that choice. Before choosing, they should look at these studies and consider whether in the long run the supposed prestige and expense of a well-known school are worth the cost, especially if the job or career the student wants doesn't require a degree, or worse, that there isn't a job waiting after graduation.
Cal Thomas is co-author (with Bob Beckel) of the book, "Common Ground: How to Stop the Partisan War That is Destroying America".
TOWNHALL DAILY: Be the first to read Cal Thomas' column. Sign up today and receive Townhall.com daily lineup delivered each morning to your inbox.
Clinton Foundation: Oh, We Made Additional $12-26 Million From Speeches Given By the Former First Family | Matt Vespa
Friday Document Dump: State Department Releases First Round of Clinton Emails (All 298 Of Them) | Katie Pavlich
Josh Duggar Resigns from FRC Action After Molestation Admission UPDATE: TLC Removes Show From Lineup | Christine Rousselle