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I'm not sure why graduates with bachelor's degrees from these higher-ranked universities have shown larger declines in interest in law school.
The Newsnight reporter pinpointed why "graduates with no future" with smart phones hooked up to Facebook and Twitter had formed a global network of revolt.
Noon (13) RICHARD HEFFNER'S OPEN MINDDavid Segal, a reporter for The Times, discusses the quality of education at law schools in the United States and why graduates are not necessarily prepared to practice law.
That may explain why graduates still fret about global warming whereas those without qualifications are far less concerned about it (see chart).Another possible reason is that people's immediate environment has improved.
But if employers are asked why graduates make better workers than dropouts, they give a multitude of answers: Graduates have a better attitude; they are more responsible; they have better people skills.
Low salary expectations after three years at university (17 per cent), and feeling regrets about going to university in the first place (14 per cent) made up the other reasons as to why graduates were not satisfied in their current roles.
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When asked why graduate students don't study Keynes or Minksy, Mr. Reny replied that graduate students work on subjects — like real models of business cycles — that are at the frontier of the field; by contrast Keynes and Minsky are not on the frontier anymore.
So I now know why graduate school is important to me.
Couldn't there be some other reason why graduate enrollments are declining?
That's why graduate students and postdocs pondering the tenure-track job market need to read an astute and revealing handbook published this month, The Professor Is In: The Essential Guide To Turning Your Ph.D. Into a Job.
The cost-benefit analyses yield differing results, largely based on the degree in question, however even for the degrees that offer little monetary incentive there are numerous reasons why graduate school is a good idea.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com