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re: Harvard's May Graduation Class = 25% unemployed

Posted on 6/25/25 at 10:50 am to
Posted by Athis
I AM Charlie Kirk....
Member since Aug 2016
15746 posts
Posted on 6/25/25 at 10:50 am to
The Harvard degree has lost it's meaning... It's shine..
Posted by RaginCajunz
Member since Mar 2009
7083 posts
Posted on 6/25/25 at 10:52 am to
quote:

Agree. I work in technology so my opinion is obviously skewed but coding, project management, application management, etc does NOT seem like something my kids need to go to college to learn.



My wife is in tech, and she says her corporate world has totally turned what used to be exciting and creative into an assembly line mentality. Outsourcing overseas + a push to have AI do more and more. Basically turned the wild west of software development into a grueling factory job.

I work in a more creative field and AI has certainly made it easier for untrained people to crank out D-grade stuff easily.

Neither of our companies give 2 shits about your college credentials. Can you do the job? Yes/No?

Posted by Sofaking2
Member since Apr 2023
19455 posts
Posted on 6/25/25 at 10:52 am to
It is highly dependent on the major more than the school.
Posted by BigJim
Baton Rouge
Member since Jan 2010
14968 posts
Posted on 6/25/25 at 10:53 am to
quote:

Usually takes more than a month to get a job nowadays if you don't already have one lined up. That 25% number would be something to pay attention to in November, not June.


I thought that too, but the link says that it is a 1-year after graduation number.

However, the link also discussed the fact that Harvard MBA grads are picky about where they go and are from families wealthy enough to float them until they get "the right job."
Posted by GeauxBurrow312
Member since Nov 2024
5053 posts
Posted on 6/25/25 at 10:53 am to
quote:

The value of a college degree is plummeting and the cost is skyrocketing


It’s because the gov provides loans to any and everyone, it’s no longer a competitive advantage.

Unfortunately, it has instead become something of a “requirement” - AI readers for resumes will reject people without degrees without a doubt.

Credentialism needs to end
Posted by saints5021
Louisiana
Member since Jul 2010
19127 posts
Posted on 6/25/25 at 10:56 am to
I have been in Corporate America for well over two decades now and have been responsible for hiring a few hundred people. College degree is the price of admission to even get an interview. It doesn't matter how qualified you are or how well you can learn, you are not making it to an interview without one.

I tell my kids that unless they are considering a trade, an employable college degree at a state school is a minimum necessity. That is just my take based on my experience.
Posted by Bandit1980
God's Country
Member since Nov 2019
4429 posts
Posted on 6/25/25 at 10:57 am to
They chose that degree because they all thought they'd get a high dollar DEI gig for years under a jackass Dem regime.



Didn't work out for them did it.
Posted by Knartfocker
Member since Jun 2020
1656 posts
Posted on 6/25/25 at 10:57 am to
quote:

These trades are training in Community Colleges now.


"College grads" typically means a 4 year university, not CC
Posted by PeleofAnalytics
Member since Jun 2021
4892 posts
Posted on 6/25/25 at 10:58 am to
quote:

It’s the major that they have chosen most of the time. They picked something like Gender Studies or some other liberal arts major. An engineering or nursing degree from LSU is more valuable than a Gender Studies degree from Harvard. Hell training as a plumber or electrician is more valuable than a Harvard Gender Studies degree.


How much of that is the USAID shake up? A lot of that major cash got flushed down to the types who would graduate from an Ivy League with a gender studies type of degree.

There may be a bit of hesitancy to make any new hires for these entities that used to cruise along with a constant flow of taxpayer cash.
Posted by Grumpy Nemesis
Member since Feb 2025
2033 posts
Posted on 6/25/25 at 10:59 am to
A college degree hasn't truly meant "educated" in a long time. It CAN mean educated, but often, it's bullshite
Posted by swamptiger99
Member since Aug 2024
373 posts
Posted on 6/25/25 at 10:59 am to


Basically how it feels rn
Posted by PUB
New Orleans
Member since Sep 2017
20679 posts
Posted on 6/25/25 at 11:01 am to
Lawyers should be extinct within 5 years, including all of CONgress.
Let AI resolve disputes instead of an industry full of lawyers that care about nothing but billing their "client" for $$ instead of common sense resolution. While medicine becomes more advantaged, the legal industry continues to degrade into deeper incompetent and greater greed. Bring on AI. Eliminate the lawyers.
Close the IRS. Eliminate all the CPAs.
Sounds too efficient and effective. Makes too much sense.
DOGEE them ALL. (somebody forgot to tell Trump and Musk that effective has always been as basic in public policy as efficiency but then again, the concept goes back to the 60s and 70s when government was not as bloated of an incompetent bureacracy.)
This post was edited on 6/25/25 at 2:05 pm
Posted by RaginCajunz
Member since Mar 2009
7083 posts
Posted on 6/25/25 at 11:02 am to
quote:


I have been in Corporate America for well over two decades now and have been responsible for hiring a few hundred people. College degree is the price of admission to even get an interview. It doesn't matter how qualified you are or how well you can learn, you are not making it to an interview without one.

I tell my kids that unless they are considering a trade, an employable college degree at a state school is a minimum necessity. That is just my take based on my experience.


I've seen this eroding over the past 10 years. There's a bit of protectionism in that mindset. "I had to go to college to get in this job, so everyone must do the same" And I am all for paying one's dues.

However the product these universities are cranking out is poor. I've been involved with hiring for 15 years or so, but certainly less experience than you describe. We've stopped looking at the education for the roles I've been involved with. Just work experience / work product / ability to learn and adapt.

The universities are not teaching them employable skills it seems. Very dated and lots of wasted years of education. I would imagine engineering would be a totally different world though. A degree is still critical for some fields for sure.
Posted by RollTide4547
Member since Dec 2024
3330 posts
Posted on 6/25/25 at 11:03 am to
quote:

Lawyer.
The last thing I'd want my kid doing. There is more honor in being a sex worker.
Posted by Mit Knoblauch
Hollywood, Kalifornia
Member since Jun 2020
42 posts
Posted on 6/25/25 at 11:05 am to
The point of college isn't to learn the latest hype cycle software language.

It's to demonstrate that you can complete uncomfortable tasks over an extended period of time. Especially written work. Also to prove that you have some problem solving ability.

If you can do all those things, jumping on the latest software trend can be taught.
Posted by Ten Bears
Florida
Member since Oct 2018
4741 posts
Posted on 6/25/25 at 11:09 am to
quote:

The universities are not teaching them employable skills it seems. Very dated and lots of wasted years of education. I would imagine engineering would be a totally different world though. A degree is still critical for some fields for sure.


meh...I would say this is a universal problem, college degree or not. Kids today simply are not patient when it comes to 'paying their dues" or "fetching coffee" or whatever entry level positions require of their workers. The entitlement is off the charts.

There are really good ones here and there but the vast majority simply do not "get it". It is more of a child rearing thing than a college thing.
This post was edited on 6/25/25 at 11:10 am
Posted by RaginCajunz
Member since Mar 2009
7083 posts
Posted on 6/25/25 at 11:11 am to
quote:


The point of college isn't to learn the latest hype cycle software language.

It's to demonstrate that you can complete uncomfortable tasks over an extended period of time. Especially written work. Also to prove that you have some problem solving ability.

If you can do all those things, jumping on the latest software trend can be taught.


4 years + $100k is a silly way to prove you can simply complete a lengthy task.

Posted by Knartfocker
Member since Jun 2020
1656 posts
Posted on 6/25/25 at 11:12 am to
quote:

I thought that too, but the link says that it is a 1-year after graduation number.

However, the link also discussed the fact that Harvard MBA grads are picky about where they go and are from families wealthy enough to float them until they get "the right job."


Yeah, GeauxBurrow's link is specific to MBAs. OP is a blanket statement about grads.

I agree with you on the MBA front, but if we're looking at UE from May's graduating class overall, that 25% number is honestly a nothing burger in June. I expect a decent chunk to find jobs or go to post grad school in the coming months.

I would love to dunk on the ivies, but now seems a bit premature
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24934 posts
Posted on 6/25/25 at 11:14 am to
quote:

25% of their 2024 MBA class also unemployed:



A MBA from Harvard is no different than a MBA from a state university. It is the networking and connections that used to come with it. There are not enough "Harvard" people in leadership anymore to make those connections worth it and company hiring has become very automated. If you are not leveraging your Harvard connections while in school to get that first job, the market will not even care.

The world has flipped where experience matters and not where your diploma came from.
Posted by GeauxBurrow312
Member since Nov 2024
5053 posts
Posted on 6/25/25 at 11:16 am to
quote:

I've seen this eroding over the past 10 years


If anything it’s become more entrenched. As someone who was just wrapping up college a decade ago, you would not be able to get an interview with a degree.

Does it matter much after you get that first job? No, same way your GPA doesn’t really matter. The problem is getting your foot in the door without one
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