What did you learn by investigating whether university study promises the future?
The degree you earn after graduating from university is of course important, but Apple founder
Does Higher Education Still Prepare People for Jobs?
https://hbr.org/2019/01/does-higher-education-still-prepare-people-for-jobs
Of course, “being out of college” is of value, but in general, the added value of a college decreases as the number of graduates increases. For example, in sub-Saharan Africa, where it is rare to have a degree, income increases by 20% by having a degree, but in Scandinavia where 40% of the population has a degree, the rate of increase in income is Only 9%.
Also, as it becomes more common to have a degree, employers will demand a lot, whether or not they actually relate to work. For this reason, there is certainly a tendency for people with degrees to be more likely to get high-income jobs, but restricting employees to degree holders tends to produce bad results for both employers and youth.
A study published in 1998 conducted a meta-analysis of the 85-year human resource selection process and found that the correlation between education level and work performance was weak. The study showed that choosing “persons with high intelligence quotients” was better than “persons with degrees”, especially in fields that require thought and learning at work. Academic performance is an indicator of how much the candidate has studied, but the intelligence index results are a reflection of the person's learning, reasoning, and logical thinking.
Degrees are also easily confused with social status, and there is an aspect in which people's social status is fixed for generations and inequality increases. Of course, many universities select students on a merit basis, but achievement-based screening can also reduce the diversity of candidates. In the United States, wealthy people tend to marry similar wealthy people, and wealthier parents born of marriage can spend more money on children's tutors, schools, extracurricular activities, etc. Will be more likely to attend top universities.
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Psychologists Chamorro-Primusik and Frankiewitz are demonstrating the importance of “soft skills,” which are social and interpersonal technologies, in a society where the value of “degrees” fluctuates. Psychological assessments have been shown to provide a more accurate measure of future occupational performance and are not confused with social status or demographic variables. It is soft skills that impress employers and employers as a real problem, and many employers want to hire people with high EQ scores and trust, empathy, and integrity. In today's world where AI and other technologies develop, researchers say that skills that can't be done on machines are increasing in value, and universities can increase the value of their degrees by incorporating soft skills .
For example, a survey of 2000 employers (PDF file) in the ManpowerGroup survey found that over 50% of organizations listed problem solving, collaboration, customer service, and communication as their most important skills. In addition, Josh Bersin 's report shows that it is easy for employers in recent years to decide on employment in terms of adaptability, cultural compatibility, and the potential for technical skill growth. And employers of companies such as Google, Amazon, and Microsoft place importance on “learnability” such as curiosity and hungry as an indicator of career potential.
by seventyfourimages
Despite this demand, today many people take leadership positions without formal management training. And even though you don't develop the skills you need to lead the team, the person with the best personal performance is the manager. For this reason, investing in this kind of soft skills education will increase opportunities for companies to have candidates with leadership potential. The ultimate goal of spending money on higher education is to “create a person who can acquire practicality and contribute to the economy”. Researchers pointed out that a degree or university paradigm shift is necessary given market demand.
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in Note, Posted by darkhorse_log