subject: Do Not Fancy Much Of College Life [print this page] Recently, it"s reported that some students graduating from Peking University sells pork. As we all know, the rate of employment goes down all the time. Some people even doubt if it is necessary for us to go to college. First of all, let"s figure out whether going to college is an investment behavior or a expenditure behavior?
On one hand, we may refer to the expenditure of education as a kind of investment behavior, which is different from the investment we make in real economic activities because of no material capital really existing. However, these intangible assets produce labor capital, just like brand and machine facilities, can make a lot of income. Employers generally consider diplomas and certificates as the symbol of abilities when they don"t know much about those employees. A man from Peking University is easier to get a job than a man from an inferior university.
On the other hand, going to college is also an expenditure behavior. Some students go to college just in order that they are able to obtain an opportunity to experience the college life. After graduation, some students even choose to get a further education because they enjoy the life employment. As to education in our country, the main problems are inefficient usage of education resources and education cost is very high compared to average income. We can see this inefficiency as low income of education investors.
Owing to the education system and teaching staffs we can"t learn some practical knowledge after we contribute a great deal of cost to, the only thing we get is crap theory. Those theories can"t make the owners gain income, so we can"t call it capital. Besides, unmatched majors and declining market also reduce the using rate of education resources, leading to the constructive unemployment.
Should we go to college now? Speaking from angle of an investor, with the enrollment increasing annually, labors are too abundant to be arranged, and it takes longer time in finding decent jobs instead of taking inferior jobs.
There are two methods to solve this problem. One is to induce the cost of investors, another is to improve education efficiency. Don"t think all we talk is about money, the priority goes to education system.
