This article compares two graphs and deduces some rather broad realities from it, which are rather incorrect. It assumes that the state of the economy is the same today as it was 25 years ago: obviously, this isn't true. The skill sets in demand have changed drastically which must be accounted for.
That said, it does make the good point that it is rather easy to get misled by statistics that say that college graduates have lower unemployment rates. Or to assume that just by graduating high school/college guarantees a job, automagically.
I will say this though: the exposure to different ideas and the broadening of the mind that comes from a good education is rather priceless. Of course one doesn't have to go to college to get that. But it certainly seems like the most straightforward and fun way to do so (if you manage not to get too indebted etc.etc.).
That said, it does make the good point that it is rather easy to get misled by statistics that say that college graduates have lower unemployment rates. Or to assume that just by graduating high school/college guarantees a job, automagically.
I will say this though: the exposure to different ideas and the broadening of the mind that comes from a good education is rather priceless. Of course one doesn't have to go to college to get that. But it certainly seems like the most straightforward and fun way to do so (if you manage not to get too indebted etc.etc.).