Doug Belkin
speaker
287 appearances
5 recordings
1 series
first heard Sep 2017
last heard Mar 2023
Doug Belkin’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · More Students Are Forgoing College for Apprenticeships · 21 Mar 2023
podcast
It's kind of popping up everywhere because the need to get more skilled workers into the labor market is intense.
Thanks very much for the invitation.
Mostly students will take classes, often in community college, but not always, sometimes in a four-year college, and they'll be working at the same time, and they'll have a mentor at work, so they'll be learning a trade.
Traditionally, the trade's been in construction or something blue collar, but more and more we're seeing these pop up in white collar industries and insurance and banking and IT.
And so they're going to school on the one hand and learning the theory about how an industry works.
And then the second half of the week, they're in an office building or on a construction site and they're actually performing what they're learning and they're getting paid for it.
They're really spread all over.
And what's interesting about this phenomena is that it's very organic.
It's being driven in high schools.
It's being driven from corporations.
It's being driven within the trades.
And the government is also behind some of it.
So it's kind of popping up everywhere because...
The need to get more skilled workers into the labor market is intense, and there's just a skills mismatch, which is prompting people to think a little bit more creatively about how to do this and do it quickly.
Yeah, they're facing headwinds, and they have been for a number of years, probably since the Great Recession.
The cost of a university degree continues to outstrip earnings.
And more importantly, I think, the risk of going into debt for a degree that may or may not pay off and that you may or may not get.
Only about 60% of kids who start a four-year degree graduate in six years.
That means that you could be laying out $100,000, $200,000 debt
for a degree that lands you a job that you don't need a degree for.
Showing 1–20 of 287 · page 1 of 15
Next →