A Puzzle: Younger Americans Are More Educated But Poorer

Diane Ravitch's blog

Valerie Strauss has a column describing a puzzle: younger Americans, ages 18-34, are more educated than their parents’ generation, but making less money.

Your guess is as good as mine, but here is my guess. Inequality is growing; the middle class is less secure. The “reformers” want everyone to go to college, but they do nothing to address the shrinkage of jobs, especially jobs that pay what college graduates are led to expect. All their “reform” blather is a convenient way of diverting attention from growing wage inequality and growing wealth inequality.

Strauss writes:

Young adults in the United States today — those Americans from 18 to 34 years old — are on average earning less than their counterparts 35 years ago, but more have a college degree, according to the U.S. Census Bureau.

This piece on the bureau’s blog says that earnings among young adults range from state…

View original post 142 more words

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About @NatM4Equity

The National Mobilization for Equity is a coalition of organizations committed to alleviating the present staffing crisis in higher education: three-quarters of the teaching jobs in American colleges are held by underpaid, precarious and poorly-supported contingent faculty. Our long-term goal is to end contingency as the norm. The current untenable situation not only adversely affects all faculty members, both contingent and tenure-track, it also negatively impacts our profession, our students and the quality of their education.

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