It is a race to the bottom. The average person is now expected to take on debt for a degree that should give them a higher chance to ask for more money for their jobs. The market becomes so saturated with college degree workers that it devalues the college degree requirement. This helps business as they no longer have to provide on the job training/provide better working standards as well as maintain on paper a higher standard of worker. Except at no risk for the business while the risks and costs are associated on the worker. While being in debt and having to pay for their college they have less power to be able to ask for higher pay because they will get fired while someone else with the same degree or better will do the job for less.
You have less power to contract a higher pay, bypassing unionized or decent wage living.
The corporations then outsource the management and risk of having employees on their business ledgers by hiring a workforce through another corporation who then pays half or oftentimes less than half of what they get paid for the employee to the human being at the end of the chain.
Then when the state tax break ends they close shop, lay everyone off and open another shop in a state which is offering a better tax break for those who bring lots of jobs in.
With all the "Right to work" states for corporations to choose from, the power of the working class to negotiate has disintegrated in a cloud of self-destructive greed.
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Hektik ago
It is a race to the bottom. The average person is now expected to take on debt for a degree that should give them a higher chance to ask for more money for their jobs. The market becomes so saturated with college degree workers that it devalues the college degree requirement. This helps business as they no longer have to provide on the job training/provide better working standards as well as maintain on paper a higher standard of worker. Except at no risk for the business while the risks and costs are associated on the worker. While being in debt and having to pay for their college they have less power to be able to ask for higher pay because they will get fired while someone else with the same degree or better will do the job for less.
You have less power to contract a higher pay, bypassing unionized or decent wage living.
FacelessOne ago
The corporations then outsource the management and risk of having employees on their business ledgers by hiring a workforce through another corporation who then pays half or oftentimes less than half of what they get paid for the employee to the human being at the end of the chain.
Then when the state tax break ends they close shop, lay everyone off and open another shop in a state which is offering a better tax break for those who bring lots of jobs in.
With all the "Right to work" states for corporations to choose from, the power of the working class to negotiate has disintegrated in a cloud of self-destructive greed.
http://www.bls.gov/emp/ep_table_201.htm