The value of a college degree may be in a crisis as many people are having difficulty finding jobs even when they already have a degree.
Lord Digby Jones, former general director of the CBI said that there should be a drastic rethink on higher education and there should be more universities who should consider giving out more vocational aptitude. He further said the value of college degree is still present but college degrees are not the best choice.
Although many firms have received many applications from graduates in some UK universities, they are still complaining that these graduate applicants do not have the sufficient skill for the particular jobs applied.
Even though there is only an average of 70 graduates who apply for jobs that require a college degree, there is still a massive increase of 12 percent to the number of students to go to college this September.
Carl Gilleard, from the Association of Graduate Recruiters, said a college degree is indispensable that people tend to see it as the only choice of investment, when in often cases undergraduates would be better of choosing another career.
But some universities in UK have already responded to the call of Jones. Nicola Dandridge, chief executive of Universities UK, said there is already an increase of vocational courses in universities nowadays. Universities minister, David Willetts, said the universities are already required to give their students more in-depth information regarding the job that they will likely get in taking a particular course.
