Monday, June 26, 2017

College Degree VS Real Job Training

College graduates make Two-Thirds more than high school graduates. That's the statistics. Most people assume that if you go to college you will have a higher income.I think that smart people go to college but going to college doesn't make them smart. And you know you cant prove causality with statistics. The fact that college graduates make 2/3rd more, well those people would have made more money anyways. Bill Gates never finished. Henry Ford never went to college.

A system that we see in the South East of our country. The Germans have a very strong apprenticeship program. And many of them move manufacturing plants to the South East. And they brought with them this apprenticeship program and they combine on the job training with two year college degrees. They are training people for real jobs. These people come out very well. And a lot of US companies are emulating this program.