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I appreciate your take on this subject. Too many are in college who don't belong there because they're regarded as second class or a failure if they don't go. There's a certain stigma attached. Unfortunately, some of our laws drive this result. If I require a certain degree level for an applicant, I don't have to worry about charges of discrimination on an aptitude test. I don't have to interview as many people either.
And yet, our colleges create employees at best; even the professional schools. They don't teach entrepreneurship. Those in the skilled trades often decide to start their own businesses, which is where most of our employment comes from. I haven't read anything about trade schools, including vocational high schools, as breeding grounds or seed beds for future business development. A plumber might decide to start a plumbing business, or open a store, or change fields and become a journalist :D