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US college wage premium reportedly drops almost 10% over four straight years · Digg

US college wage premium reportedly drops almost 10% over four straight years

Finimize says this is the first sustained US decline since the 1970s, with Britain showing a similar trend. It argues AI could be weakening demand for graduates’ skills.

Finimize says the US college wage premium—the extra pay graduates earn compared with non-graduates—has fallen almost 10% over four consecutive years. It describes a similar trend in Britain, including among STEM graduates and workers in London’s knowledge economy. With the supply of new graduates leveling off, Finimize suggests weaker demand for their skills may be driving the shift, with AI a possible reason. It argues employers may increasingly favor aptitude tests, interviews and on-the-job training over degrees.

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1 post, first seen 5h ago

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US college wage premium reportedly drops almost 10% over four straight years

Finimize says this is the first sustained US decline since the 1970s, with Britain showing a similar trend. It argues AI could be weakening demand for graduates’ skills.

Finimize says the US college wage premium—the extra pay graduates earn compared with non-graduates—has fallen almost 10% over four consecutive years. It describes a similar trend in Britain, including among STEM graduates and workers in London’s knowledge economy. With the supply of new graduates leveling off, Finimize suggests weaker demand for their skills may be driving the shift, with AI a possible reason. It argues employers may increasingly favor aptitude tests, interviews and on-the-job training over degrees.

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FI
Finimize@finimize 5 hrs ago
The university degree’s golden age may be fading. For decades, graduates could count on earning substantially more than non-graduates, as technology created ever more complex, knowledge-heavy jobs. But that relationship is starting to crack. In the US, the college wage…
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 1

Combined views

270

1 post, first seen 5h ago

1 likes1 reposts

Source Posts

@finimizeThe university degree’s golden age may be fading. For decades, graduates could count on earning substantially more than non-graduates, as technology created ever more complex, knowledge-heavy jobs. But that relationship is starting to crack. In the US, the college wage premium has fallen for four straight years, dropping almost 10% – its first sustained decline since the 1970s. Britain’s seeing a similar trend, including among STEM graduates and workers in London’s knowledge economy. And here’s the kicker: this is happening even as the supply of new graduates levels off, suggesting weaker demand for their skills is driving the change. AI could be a big reason why. White-collar jobs most exposed to the technology are seeing weak wage growth, while AI agents are effectively adding a new supply of “knowledge workers”. In other words, companies may simply be less willing to pay extra for credentials alone. That doesn’t mean human jobs are disappearing. Instead, the skills that command a premium – and how workers prove they have them – could change. Employers may increasingly favor aptitude tests, interviews, and on-the-job training over degrees, weakening the once-tight link between academic credentials and career prospects. #Jobs #AI #University

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Posts from X

1 post

FI
Finimize@finimize 5 hrs ago
The university degree’s golden age may be fading. For decades, graduates could count on earning substantially more than non-graduates, as technology created ever more complex, knowledge-heavy jobs. But that relationship is starting to crack. In the US, the college wage…
- likes: 1
- replies: 0
- bookmarks: 0
- reposts: 1

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Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

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