Part 1
Written by Grey Davis
The Paradigm Shift
There is a change happening in the way young people and their parents in the United States view the purpose of education. Previous generations saw bachelor’s degrees as a means to economic achievement and a way to secure a better future than their parents. In that climate, a college prep focus in high school was coveted. From 1950 to 2010, the percentage of people in their twenties with a bachelor’s degree grew from 7.7% to 31.7% in the U.S. (Horowitz, 2018).
More recently, the proliferation of college degrees and the lack of practical application for many majors results in college graduates filling low-paying, unskilled positions or retraining for useful trades. At the same time, salaries in skilled trades are rising due to a shortage of workers in these fields. Critical skilled job hiring in the U.S. could be more than 20 times the projected annual increase in net new jobs from 2022-2032 (McKinsey and Company, 2024). Continue reading