Tertiary and Continuing Is University Worth It?

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Bombermania said:
The side story to the new technology is that the Universities often teach in ways which were more relivent to the workplace before the introduction of the new technology
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I believe that.

It took a whole generation to see a raise in productivity from the introduction of electric machines. The managers just did the same thing with the new equipmemt without coming up with more efficient use of it.

People get used to their ways.
 

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The Coup said:
I agree. It isn't the business owners fault, its the system.

Ten years ago every firm in Australia had its own accountant, as you said quite often they now share them. Soon they will share someone from Cebu or Jakarta instead.

Because once one company lowers the bar, everyone has to follow to remain "competitive" by employing exploited labour wherever possible.

This is capitalism.
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Yes we have to avoid a race to the bottom but we shouldn't be afraid of giving someone in Cebu or Jakarta a fair go.

Australia has benefited from globalisation and will continue to do so, so we have nothing to fear. Additionally, as Indonesia improves its economy with opportunities presented as per above, it will transition from a third world nation to a developing nation (many parts of Indo have already made the transition but not the nation as a whole). With that social and economic standards will improve in Indo increasing wages and living standards.

This is how wealth is spread but yes we need to manage the transition from protected economies to global economies to ensure capital, labour and property rights are protected.
 
BluesMan said:
Overall i think it is worth it, and work areas such as health science, which has lots of jobs and areas within it, it's pretty much essential to have a degree.
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it is not so noticeable in your 20s and even 30s but I notice the difference with my peers in my 40s. Those with a degree enjoy a high standard of living where only some without one have the same privilege.
 
I worked in the employment and education sector for a long period of time. Remember 20 years ago,discussing with work colleagues, that the push for more people studying at University, would end in tears. The fact is the lack of proportionality between increased educational levels and current jobs. The gap continues to widen in the last 20 years.The University sector has committed fraud by convincing Government's and Industry, that more higher education was needed, whilst at the same time lining their pockets.

It's shocking that people are paying 50 to 70K for a University Degree, then end up in a job, they could have got 20 years ago by finishing High School. It's a disgrace. We are much better getting more people into the workforce after High School, then the person finds they need to do further study ( Uni ) to advance themselves - At least in this scenario you get a better match of job skills and higher education.

The University sector through their greed is ruining the future of young people.
 
Messenger said:
Always do the Masters. It will give you a broad understanding of management principles you can leverage your specialist skill set on. If your industry has plenty of opportunities for s of that type it is a great combination.
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You do a Masters if the company is funding the study. Otherwise you are taking a big risk.
 
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