The AI apocalypse no one wants to talk about: College grad → degree expired upon arrival



America is free falling into an AI abyss. Entire industries are on the verge of becoming fully automated. Robots are rendering flesh and blood obsolete. College diplomas are looking increasingly like worthless pieces of paper.

And it’s just beginning. We are on the precipice of living in an AI-dominant world.

Are we ready for it?

Glenn Beck says we’re absolutely not ready. But there are some smart moves young people can make to help soften the blow that’s coming.

“I'm begging my kids, trade school, trade school, trade school, trade school because those are the jobs of the future,” he says.

Unless someone is interested in entering the medical field, which is safe for now but ultimately on track for eventual automatization, a generic college degree will likely end up being a waste of time and money.

Glenn’s head writer and researcher Jason Buttrill says he’s begging his son to consider electrician school instead of college, but anytime he brings the topic of AI dominance up, his son shuts down.

“There’s this weird apathy,” he tells Glenn.

Glenn’s co-host Stu Burguiere acknowledges that it’s a deeply depressing topic for emerging adults. Not only are they entering the adult world — degree or not — with the economic odds stacked heavily against them, but “not everybody wants to be a plumber or electrician.”

Nobody wants to be “the bad parent in the after-school special, like, ‘Screw your dreams, go be a plumber!”’ he laughs.

But Glenn says there are other paths young people can take to avoid wasting resources on a useless college degree. He uses his daughter, who wants to be an actress, as an example.

Instead of agreeing to send her to a “viper’s nest” acting school in New York, he helped “design a school” tailored specifically to her through a series of private lessons that will still hone the skills she needs to pursue her dreams.

“When they are driven for something, you don't have to say, ‘Be a plumber.’ You can say, ‘Let's find ways for you to learn this in a better way,”’ says Glenn.

On the flip side, for dreamers with big ideas, AI might actually make success possible. As a creative visionary, Glenn says AI has helped him actualize ideas he’s had for years.

But just as some kids have zero interest in blue-collar work, not everyone has big entrepreneurial ambitions. Many just want the longstanding path of earning a degree and climbing the corporate ladder.

So when they hear that that’s no longer a viable option, it sinks their spirits.

Jason explains it like this: Younger generations are stuck in a vicious cycle where AI has been pitched as the solution that will create explosive economic growth and reinvigorate the American dream for young people. Except it’s also going to destroy the jobs they want.

“They're in that circle, and they're like, ‘I'm screwed.’ ... None of the math adds up,” he says.

To hear more of the conversation, watch the video above.

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Report: Journalism is the most regretted college major



Tens of millions of young Americans owe trillions of dollars in debt they incurred for the sake of college degrees, not all of which were created equal. A new survey published by the American employment marketplace ZipRecruiter has provided a valuable insight into the perceived uselessness of certain college degrees, the most regretted of which is a journalism major.

Reality sets in

The latest ZipRecruiter Job Seeker Confidence Survey conducted by Qualtrics surveyed 1,500 job seekers between Oct. 10 and Oct. 16. It found that job seekers are "feeling less confident in their ability to find a job quickly."

Confidence was highest for black respondents and lowest for white and Asian respondents.

Job seekers cited a number of barriers to securing employment, including being perceived as too old; lacking the right work experience; lacking transportation; and lacking a professional network. And 20% of respondents indicated they lacked the right education.

On the basis of the survey results, CNBC reported that 44% of all job seekers with college degrees regret their fields of study.

Those most stricken with regret were graduates who majored in journalism, 87% of whom indicated they would choose another major if they could.

The problem for journalism grads seeking to join the class of people who told disenfranchised miners to learn to code is far more pressing than the fact that only 34% of Americans trust the mass media to report the news "fully, accurately and fairly."

Axios reported late last month that it's a "brutal, fearful time for American media," with over 3,000 media jobs cut already this year and even more layoffs, hiring freezes, and cost-cutting measures in the works.

Snap Inc., for instance, announced plans to lay off 20% of its staff at the end of August. Gannett CEO Mike Reed told his staff on Aug. 31 that his media organization would be eliminating 3% of its U.S. workforce and cutting open positions. In September, CNN began dumping staffers in its audio division.

Chasing dollars instead of dreams

TV host Mike Rowe warned in a December 2020 Facebook post and in multiple other iterations how "hundreds of thousands of students [were being] conned into borrowing ridiculous sums of money to purchase degrees that never lead to an actual job."

Nearly two years later, Sinem Buber, ZipRecruiter’s lead economist, noted that when students who pursued degrees for reasons other than job security and financial returns graduate, "reality hits."

Buber said, "When you are barely managing to pay your bills, your paycheck might become more important."

Sociology and liberal arts/general studies were tied for second-most regretted college majors.

The next seven most regretted majors were: communications (64%); education (61%); marketing management and research (60%); medical/clinical assisting (58%); political science and government (56%); biology (52%), and English language and literature (52%).

The ZipRecruiter survey indicated that the graduates standing by their choices today are those who took criminology, engineering, nursing, health, business administration, finance, psychology, or construction trades.

"Pay is still most important," said Buber.

Computer science majors — among those most satisfied with their academic choices — start off making $100,000.

Facing a potential recession and economic hardship, "job security is now becoming more important," Buber added.

While there are clearly a number of academic paths to success, CNBC reported earlier this year that the overall good of a college degree with the cost factored in is in doubt.

"More and more people are asking 'is college even worth it?'" said Jason Wingard, the president of Temple University. "For 50 or 60 years, it was unquestionable; now, what we're seeing is a flatline."

John Fees, co-founder and managing director of GradGuard, said, "Students and their families are prudent to evaluate the return on investment of college like other large consumer purchases."

New York company hires high school grads for up to $75K annually, plus pension, no college degree required



Who says you need a college degree to get a good-paying job?

Not Chris DiStefano, the owner and COO of a New York construction company that is providing good-paying jobs with full benefits to teens straight out of high school.

His company, Harrison & Burrowes Bridge Constructors, works with the Questar III BOCES program to offer summer apprenticeships for high school students that can translate to a full-time position after graduation. Laborers can be paid between $65,000-$75,000 annually and put as much as $30,000 away per year in a pension.

DiStefano spoke to Fox & Friends Thursday morning about the opportunities available for teens and young adults who don't want to take on debt to go to college.

"We've been able to take in high school students that are juniors going into their senior year and give them 200 hours' worth of work at our main office in Albany," DiStefano explained. "They get some hands-on experience and there's opportunity for them to come on with us full-time after graduation."

"College isn't for everybody," DiStefano said. "With the rising cost of tuition, we can provide a great opportunity for those folks that may not, you know, the path to college may not be the best path for them."

Harrison & Burrowes works to build, maintain, and repair bridges. DiStefano said that it can be a challenge to find qualified workers, but that his company takes the apprenticeship program "very seriously."

"We’re taking it very seriously and doing all the things on our end to make a sustainable future," he said.

A good-paying job for non-college-graduates can save some people tens of thousands of dollars in debt.

The average tuition cost to attend a public four-year college or university in the United States was $9,400 in 2020-21, according to the National Center for Education Statistics. Over four years, students are expected to pay an average of $37,600 for a bachelor's degree at a public institution. Tuition costs at private or for-profit schools were nearly double on average.

Many Americans take on loans to cover those costs. Of the class of 2019, 62% graduated with student debt, according to the most recent data available from the Institute for College Access & Success. Those students owe an average of $28,950. A total of 45 million Americans currently hold a collective $1.75 trillion in federal and private student loan debt, according to the Federal Reserve Bank of St. Louis.

But for some, the benefits of a college degree may outweigh the costs. Americans with a high school diploma or GED made an average of $39,000 in 2020, while those who went to college and graduated with a bachelor's degree made $73,000 on average, according to the U.S. Census Bureau.

The government has also set an expectation that some federal student loan debt may be canceled. President Joe Biden last month announced a plan to unilaterally forgive $10,000 of student loan debt for federal borrowers earning less than $125,000 per year. However, the plan was criticized by some who argue student loan forgiveness incentivizes colleges and universities to increase tuition rates and borrowers to take out higher loans to cover those costs.

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