Why is Society So Concerned About Young Adults Obtaining College Degrees?

Today, the term "college" encompasses a diverse range of institutions aimed at providing different levels of education. From community colleges and trade schools to well-regarded private universities and Ivy League institutions, the landscape of higher education is vast and varied. However, the societal pressure to obtain a college degree is a topic of significant discussion. This pressure stems from the belief that a college degree guarantees a more secure middle-class or upper-middle-class status, a view that has been reinforced for decades. However, this notion is evolving, and the importance of a college degree is under scrutiny.

The Importance of Skills for Employment and Self-Employment

Obtaining a college degree is often seen as a stepping stone to securing more robust career opportunities. In a world where job markets are increasingly competitive, a college degree may be viewed as a practical and strategic choice to enhance employability. Numerous employers prefer candidates with college degrees, believing that these educational backgrounds offer the necessary knowledge, skills, and networks that are valuable for both entry-level and mid-level positions.

But obtaining a degree is not the only way to gain the skills necessary to be employable. Many trade schools and community colleges offer programs that can equip individuals with the skills needed to succeed in various professions. For example, a skilled plumber or electrician can earn a significant income without a traditional college degree. Additionally, business and accounting skills can also be acquired through self-study, online courses, or on-the-job training. The decision to pursue a college degree should be based on an individual's career aspirations and personal circumstances.

The Dual Nature of the College Degree: A License to Practice

One of the most significant advantages of obtaining a college degree is the license it provides to practice in certain professions. For instance, becoming a certified public accountant (CPA), obtaining a legal degree, or entering the medical and engineering fields all require a college education. These professions are heavily regulated, and a college degree is often a prerequisite for licensure. Without these degrees, individuals are essentially locked out of the upper echelons of their chosen professions, limiting their earning potential and career advancement opportunities.

Consider the case of a 23-year-old woman who works at our CPA firm. She started as a temporary employee but quickly demonstrated exceptional aptitude and knowledge. After around six months, she was promoted to an audit intern, earning a salary of $30/hour. Despite her impressive performance, she plans to continue her education part-time to obtain a college degree. This situation raises critical questions about the necessity of a college degree for various professions. While she could have potentially learned the necessary skills on the job, her degree will open doors that are otherwise locked to her.

The Changing Landscape of Professional Education

The reputation and value of a college degree are changing rapidly. The reasons for this change are multifaceted and include the high cost of education, the evolving job market, and the increasing availability of alternative educational pathways. For instance, the demand for vocational training is on the rise, offering individuals the opportunity to acquire specialized skills without the extensive time and financial commitment required for a traditional college degree.

However, the barriers to obtaining the necessary education for certain professions are changing as well. In some cases, these barriers have become stricter. For example, the state regulatory body recently increased the requirements for professional licensure in accounting and law, now mandating a master's degree equivalent. While such requirements benefit professional educators, they disadvantage students who must bear the cost of these higher education demands.

It is imperative for licensed professions to engage in serious and rigorous discussions regarding the essential education requirements for entry into their fields. Many professions could potentially transition to vocational training programs, reducing the need for extended college education. This approach could offer a more flexible and cost-effective path to career stabilization and advancement.

Conclusion

In conclusion, while a college degree remains a significant factor in securing robust career opportunities, it is not the only option for acquiring the necessary skills and knowledge. The changing landscape of professional education requires a reevaluation of the necessity of a college degree for certain professions. As society progresses, alternative paths to professional success become more feasible, and the value of a traditional college degree may need to be reassessed to ensure it aligns with modern educational and career realities.