University is an unwise investment
b'For many Western teenagers university has long been considered a passport to the good life: a rite of passage consisting of mind-expanding reading and writing or the acquisition of a professional qualification, and meeting like-minded people often over a drink or three \\u2013 all ending up in a well paid, interesting job and a network of useful contacts.\\n\\nBut in these straitened times is the traditional university education really worth the time and money \\u2013 and the hangovers? More and more young people are attending university in Britain and the US, and ever fewer graduates are finding jobs. Costs are soaring too: fees at American universities have increased by over 1000% in the last 30 years and British institutions have nearly tripled their annual fees to \\xa39000 in the last year. The result? A new type of high-school leaver is emerging who combines formal learning with on-the-job experience. Businesses are increasingly interested in employing young people with a sense of determination, grit and a strong work... Support this show http://supporter.acast.com/intelligencesquared.\\n \\n\\xa0See acast.com/privacy for privacy and opt-out information.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'