Re:It is the universities that will suffer from th (Score 1)

Simply "having a degree" doesn't mean much in terms of viability as an employee or predictor for economic success. However, degrees from top-rated universities are in more demand than they've ever been, for they provide valuable information as to who's legitimately talented, and who just "went to college." The graduating Stanford graduate starts with an average salary of $100,000+, and it only goes up from there. This is factoring in all of those who end up working low-paid "volunteer" jobs, such as those working as teachers in low-income communities or for charitable non-profits. As a senior at the University of Washington Business School, I've had absolutely no trouble getting scheduled for interviews. As a matter of fact, I'm swamped with 18 potential employers who've left messages on my answering machine that I've failed to call back as of present. While having a piece of paper saying "I graduated from college" isn't in high demand, graduating from a school with high standards, is.