Chew on this...
"American college students facing the misery of an anemic post-graduation job market have company in an unlikely-seeming place: China.
Despite entering a robust economy that seemed to weather the financial crisis as if were it a middling squall, China’s college graduates on average make only 300 yuan, or roughly $44, more per month than the average Chinese migrant worker, according to statistics cited over the weekend by a top Chinese labor researcher and reported today by the Beijing Times. "
(please click on the link to read the entire article)
I wonder if there are other benefits to a college degree that aren't getting figured in here. (For example, are college grads more likely to find jobs with health care, housing stipends, or retirement? Are those benefits counted in the 300 yuan?)
ReplyDeleteIf not, I think this would be pretty discouraging news for the average college student who has poured 16 years of blood, sweat, and tears into the golden ticket of a college degree.