http://news.nationalpost.com/2014/0...-hold-university-degrees-and-low-paying-jobs/
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Some excerpts:
“The idea that in order to be a police officer or a nurse you have to have a degree, I mean, that is just qualification inflation,” Business Secretary Vince Cable told a London conference in November.
The situation is similarly grim in Canada. Fifty-one per cent of Canadian adults achieved “tertiary qualification” — the highest among OECD countries. At the same time, in this ever-expanding pool of degree-holders, Canada also tops OECD rankings for the largest share of these graduates making less than the national median income.
“We are number one when it comes to university and college enrolments, but we are also number one in the number of people with university degrees that live in poverty,” said Benjamin Tal, deputy chief economist with CIBC World Markets.
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Some excerpts:
“The idea that in order to be a police officer or a nurse you have to have a degree, I mean, that is just qualification inflation,” Business Secretary Vince Cable told a London conference in November.
The situation is similarly grim in Canada. Fifty-one per cent of Canadian adults achieved “tertiary qualification” — the highest among OECD countries. At the same time, in this ever-expanding pool of degree-holders, Canada also tops OECD rankings for the largest share of these graduates making less than the national median income.
“We are number one when it comes to university and college enrolments, but we are also number one in the number of people with university degrees that live in poverty,” said Benjamin Tal, deputy chief economist with CIBC World Markets.
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