[Info-vax] IBM Layoffs (quite a bit off topic)

brendan welch w1lpg at uml.edu
Wed Jan 28 12:01:35 EST 2015


This may sound strange coming from a former school teacher,
but I see a relation here.

We are constantly politically assailed about the necessity
of (high priced) education,  but please note:

1) There are simply too many educated people.  Thousands
laid off from IBM (and previously especially from the
financial community) are competing with kids who will
be paid much less.

2) My recent experience, maybe just local to me, has been
that many or most graduates end up in an entirely different
field than what they studied in.  Why?

3) Repeating what was mentioned earlier,  the price !!!
I am overwhelmed to hear that the amount of student debt
in this country exceeds the general debt on credit cards.





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