Cost Of Education: Schools Spending $$$ To Get Liberal Arts Grads Jobs
Liberal arts graduates face the highest unemployment rates of all undergraduate majors, and some colleges are starting to put big money on the table to make these graduates more employable.
Wake Forest University, a small, liberal-arts school in Winston-Salem, N.C., spent "up to $350,000 a year" to hire Andy Chan as vice president of the Office of Personal and Career Development, according to Susan Dominus in The The New York Times.
In his four years with the college, Chan, whose resume includes running the career center at Stanford Business School and leading a Silicon Valley start-up, has raised more than $10 million — mostly from students' parents — to build a Google-like career services office with video displays, snacks, and nearly 30 staff members to offer "concierge-like services to students," he tells Dominus.
There's pretty much everything that is wrong with the world in a nutshell. Parents send their kids to college to get a degree that doesn't have a lot of employment potential, then spend more money to set the kids up with someone who will hold their hands and get them snacks while looking for work that they aren't qualified for.
It's "everybody gets a trophy" with very expensive trophies.
And we're surprised when people elect an idiot president based on feelings alone.