January 17, 2007

Plumbing, not political science

Too many Americans (and I would say Canadians) are trying to get college degrees, according to Charles Murray.

There is no magic point at which a genuine college-level education becomes an option, but anything below an IQ of 110 is problematic. If you want to do well, you should have an IQ of 115 or higher. Put another way, it makes sense for only about 15% of the population, 25% if one stretches it, to get a college education. And yet more than 45% of recent high school graduates enroll in four-year colleges. Adjust that percentage to account for high-school dropouts, and more than 40% of all persons in their late teens are trying to go to a four-year college--enough people to absorb everyone down through an IQ of 104...

...They are in college to improve their chances of making a good living. What they really need is vocational training. But nobody will say so, because "vocational training" is second class. "College" is first class...

For a few occupations, a college degree still certifies a qualification. For example, employers appropriately treat a bachelor's degree in engineering as a requirement for hiring engineers. But a bachelor's degree in a field such as sociology, psychology, economics, history or literature certifies nothing. It is a screening device for employers...

A reality about the job market must eventually begin to affect the valuation of a college education: The spread of wealth at the top of American society has created an explosive increase in the demand for craftsmen. Finding a good lawyer or physician is easy. Finding a good carpenter, painter, electrician, plumber, glazier, mason--the list goes on and on--is difficult, and it is a seller's market. Journeymen craftsmen routinely make incomes in the top half of the income distribution while master craftsmen can make six figures. They have work even in a soft economy. Their jobs cannot be outsourced to India...

Mark C.

Posted by markc at January 17, 2007 09:16 PM
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