[lbo-talk] the view from capital

joanna 123hop at comcast.net
Mon Sep 11 21:50:38 PDT 2006


Thank you Carrol. Good stuff.

Joanna

Carrol Cox wrote:


>tfast wrote:
>
>
>>I am not sure that is what you were on about but I am sure that that was
>>partly the point Joanna was making. And her point that the poor are poor
>>because they lack power is well taken. If every poor person were to get a
>>degree tomorrow a degree tomorrow would not be worth what it is today.
>>
>>
>
>In 1900, even in 1940, a high school diploma was worth _at least_ as
>much as a BS or BA is today. But when everyone went to HS, and more and
>more of those who went graduated, the degree became pretty pointless.
>When I graduated from the 8th grade in a rural school in 1943, it was a
>real question for about half my classmates whether or not to continue in
>school. Nearly a third didn't.
>
>At one time a rather large proportion of tenured college teachers
>possessed only an MA. When the GI Bill among other things made graduate
>education more attainable, the MA lost its meaning. And so forth. Now
>people who have already achieved a high level in a business concern feel
>that to protect their position or to advance further they need an MBA,
>not for the knowledge but for the certificate.
>
>Some years ago the only person in the State Farm mailroom who knew what
>was going on quit State Farm because of the arbitrary limit they put on
>promotions for those lacking a college degree. State Farm mail practices
>degenerated quite a bit until his replacement began to learn the job.
>(Jan learned about this when she was a postal clerk working in the bulk
>mail center in the bloomington PO.)
>
>Carrol
>___________________________________
>http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
>
>

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