Does Higher Education Divide Haves and Have-Nots?

The video discusses the economic divide in America, highlighting the role of higher education in income disparity. It presents data showing that from 1979 to 2012, wages increased for those with a bachelor's degree but fell for those without. The video questions the 'college degree or bust' mentality, suggesting that while a degree can be beneficial for individual income, it is not a universal solution. It emphasizes the need for adaptable skills and considers apprenticeships as a valuable alternative to traditional college education.

What does the chart by Gary Langer illustrate about wage trends from 1979 to 2012?

• Wages increased equally for all education levels.

• Wages decreased for those with a college degree.

• Wages remained constant for all education levels.

• Wages increased for those with a college degree and decreased for those without.

What percentage of the US population does not have a college degree?

• 70%

• 30%

• 50%

• 90%

What is the main concern about the 'college degree or bust' mentality?

• It is the only way to succeed in life.

• It is not a solution for the entire economy.

• It is a temporary trend.

• It guarantees high income for everyone.

Why is a college degree no longer considered a 'union card'?

• Because it guarantees a job for life.

• Because it is too expensive.

• Because career paths are now more varied and require different skills.

• Because it is only valuable in certain fields.

What alternative to a college degree is mentioned as potentially more valuable?

• High school diplomas

• Self-study

• Apprenticeships

• Online courses