Here is a link to Poorer by Degrees, a new short documentary by Jennifer Shuberth, a former faculty member at Portland State University: http://vimeo.com/95828754.
The documentary questions the premise that our economic growth requires a dramatic increase in the number of college graduates. Indeed, it suggests that the increased emphasis on completing degrees may actually just be increasing the pool of over-qualified applicants for all levels of employment and forcing less educated workers out of the workforce. In effect, a college degree has become increasingly necessary to find employment, but that employment is no longer guaranteed to provide a sufficient salary to offset the personal debt that increasingly must be incurred to complete the degree.
The documentary shows that the biggest proponent of increased college completion rates has been the Lumina Foundation, which, not coincidentally, has been funded by Sallie Mae, the largest holder of student debt.
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