Blogthoven

GPOY - Before (May 2009) and After (May 2012) edition.

theatlantic:

53% of Recent College Grads Are Jobless or Underemployed—How?

More than half of America’s recent college graduates are either unemployed or working in a job that doesn’t require a bachelor’s degree, the Associated Press reported this weekend. The story would seem to be more evidence that, regardless of your education, the wake of the Great Recession has been a terrible time to be young and hunting for work.
But are we really becoming another Greece or Spain, a wasteland of opportunity for anybody under the age of 25? Not quite. What the new statistics really tell us about is the changing nature, and value, of higher education. […]
As the AP notes, recent graduates are now more likely to work as “waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists and mathematicians combined.” This is a problem for any number of reasons, but here are two big ones: First, a degree is more expensive than ever, and students are piling on debt to finance their educations. It’s much harder to pay back loans while working for tips at Buffalo Wild Wings than when you have a decent office job. Second, when college graduates take a low-paid, low-skill job, they’re probably displacing a less educated worker, For every underemployed college degree holder, there’s a decent chance someone with just a high school diploma is out of work entirely.
So is a college education simply less valuable than in the past? In some respects, yes. According to the Census, the number of Americans under the age of 25 with at least a bachelor’s degree has grown 38 percent since 2000. Not nearly enough jobs have been created to accommodate them, which has resulted in falling wages for young college graduates in the past decade, as well as the employment problems we’re now seeing.
That said, not all degrees are created equal. The AP reports that students who graduated out of the sciences or other technical fields, such as accounting, were much less likely to be jobless or underemployed than humanities and arts graduates. You know that old saw about how college is just about getting a fancy piece of paper? Not true. For an education to be worth anything these days, it needs to impart skills.
Read more. [Image: Reuters]

53% of Recent College Grads Are Jobless or Underemployed—How?

More than half of America’s recent college graduates are either unemployed or working in a job that doesn’t require a bachelor’s degree, the Associated Press reported this weekend. The story would seem to be more evidence that, regardless of your education, the wake of the Great Recession has been a terrible time to be young and hunting for work.

But are we really becoming another Greece or Spain, a wasteland of opportunity for anybody under the age of 25? Not quite. What the new statistics really tell us about is the changing nature, and value, of higher education. […]

As the AP notes, recent graduates are now more likely to work as “waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists and mathematicians combined.” This is a problem for any number of reasons, but here are two big ones: First, a degree is more expensive than ever, and students are piling on debt to finance their educations. It’s much harder to pay back loans while working for tips at Buffalo Wild Wings than when you have a decent office job. Second, when college graduates take a low-paid, low-skill job, they’re probably displacing a less educated worker, For every underemployed college degree holder, there’s a decent chance someone with just a high school diploma is out of work entirely.

So is a college education simply less valuable than in the past? In some respects, yes. According to the Census, the number of Americans under the age of 25 with at least a bachelor’s degree has grown 38 percent since 2000. Not nearly enough jobs have been created to accommodate them, which has resulted in falling wages for young college graduates in the past decade, as well as the employment problems we’re now seeing.

That said, not all degrees are created equal. The AP reports that students who graduated out of the sciences or other technical fields, such as accounting, were much less likely to be jobless or underemployed than humanities and arts graduates. You know that old saw about how college is just about getting a fancy piece of paper? Not true. For an education to be worth anything these days, it needs to impart skills.

Read more. [Image: Reuters]

The Beatles - With A Little Help From My Friends

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fuckyeahbeatlesmusic:

The Beatles - With A Little Help From My Friends

“The song With A Little Help From My Friends was written specifically for me, but they had one line that I wouldn’t sing. It was ‘What would you do if I sang out of tune? Would you stand up and throw tomatoes at me?’ I said, ‘There’s not a chance in hell am I going to sing this line,’ because we still had lots of really deep memories of the kids throwing jelly beans and toys on stage; and I thought that if we ever did get out there again, I was not going to be bombarded with tomatoes.” - Ringo Starr

“This was written out at John’s house in Weybridge for Ringo; we always liked to do one for him and it had to be not too much like our style. I think that was probably the best of the songs we wrote for Ringo actually. It was pretty much co-written, John and I doing a work song for Ringo, a little craft job. I always saw those as the equivalent of writing a James Bond film theme. It was a challenge, it was something out of the ordinary for us because we actually had to write in a key for Ringo and you had to be a little tongue in cheek. Ringo liked kids a lot, he was very good with kids so we knew Yellow Submarine would be a good thing for Ringo to sing. In this case, it was a slightly more mature song, which I always liked very much. I remember giggling with John as we wrote the lines ‘What do you see when you turn out the light? I can’t tell you but I know it’s mine.’ It could have been him playing with his willie under the covers, or it could have been taken on a deeper level; this was what it meant but it was a nice way to say it, a very non-specific way to say it. I always liked that.” - Paul McCartney