Originally posted by jarvol
Furthermore, what do you think would happen if everyone stopped pursuing liberal arts degrees, and only pursued so called "useful" degrees, do you think that suddenly the economy would have millions of more useful jobs? The answer is simply that it would not, there would still be just as much demand for engineers, scientists, accountants, and nurses as there was before, only now instead of having a "useless" degree these out of work new grads would have a "useful" degree they couldn't use.
This is pretty off topic, but I'm sure there will be a response about the STEM shortage, but the STEM shortage, as I can show you is a myth. An article that I just Googled right now http://www.popecenter.org/commentari...e.html?id=2701 has this to say, " “[T]he United States produces almost four times as many [electrical and electronic] engineers annually as the economy demands.”
"For instance, using the federal government’s forecasts, the number of engineering jobs will grow more slowly than the rest of the labor force between 2010 and 2020. The BLS estimated that the total labor force was 153.9 million jobholders in 2010—it is expected to add roughly 20.5 million new jobs by 2020, an increase of 14.3 percent. Engineering jobs—a total of 1.34 million in 2010—will increase by only 11 percent in that period, with slower-than-average growth predicted for ten of the fifteen engineering specialties."
About the only area where the article concedes that growth will outstrip supply is in Computer Science areas, which is only one of the areas that you mentioned. The fact is that there are too many new grads and not enough jobs.
Originally posted by PAULYPOKER

