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Cake day: June 16th, 2023

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  • The value of a degree doesn’t drop because more people get one,

    It absolutely does. Part of the reason lawyer pay collapsed was because of the proliferation of law colleges that increased lawyer supply.

    It happened to be that there was an increase in demand for college degrees in the later 20th century which countered supply, but the labor premium of having a college degree over a trade certification has dropped significantly over the past generation.

    A lot of millennials went to college and chose specific degrees due to the promise of a higher wage. That wage difference isn’t there anymore.














  • Yeah, but I’ve had problems where I ask a question to get to the point and get hold “hold on, I’ll get there”. It is frustrating to have people waste my time when they don’t give me context when I ask for it because they internally rehearsed the wrong way to present something.