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Is a degree the answer to reducing poverty?

In 1960, 7.7% of adults above the age of 25 had a degree, today 37.5% over the age of 25 have a degree. Almost 40% of 25 and older have a degree, yet poverty remains unchanged. Is a degree really necessary to make a good wage? Is a degree valuable in the workplace? Just something I stumbled across and questioned.
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wildbill83 · 36-40, M
college doesn't teach success, it teaches conformity

The problem is that there are too many people getting useless degrees for fields with limited vacancies and incurring debt that takes them several years to pay off...

especially when they do it straight out of high school with no other technical/ojt skills to fall back on.
PatKirby · M
@wildbill83
^Bingo^