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A comment on How Are the Kids? Unemployed, Underwater, and Sinking.

Re:How Are the Kids? Unemployed, Underwater, and Sinking by cjy on Monday November 22, 2010 @12:21AM (#1928796)
Problem: No one is hiring people with degrees Proposed Solution: Spend more money on education so that more people have degrees.

How does this make any sense? Shifting supply to the right will only reduce the equilibrium wage.

[ Parent | on HN ]
Re:How Are the Kids? Unemployed, Underwater, and Sinking by jon_hendry on Monday November 22, 2010 @08:10AM (#1929638)
Alternately, the solution might be to spend money on education so that the same people have more degrees.

Of course, when they get their second, or third, and still can't find work...

[ Parent | on HN ]