Monday, January 27, 2014
Study Debunks Classic Argument About Low-Wage Workers
http://www.huffingtonpost.com/2014/01/24/low-wage-workers-education_n_4653020.html Due 3 February 2014. What does the graph show us about education and low-wage jobs? Evaluate the graph using cost-benefit analysis---does it pay to get an education? What are the back end costs of NOT getting an education??
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The graph show us that low-wage workers are a lot more educated now then they were nearly fifty years ago. The back end costs of not getting an education is that people are getting unfair paychecks. It does not matter how much you work, it is how much education you have. The more education a person has, the higher their wage is. A higher minimum wage without a corresponding increase in the demand for labor caused by an increase in labor productivity, will mean fewer jobs, slower job growth and higher unemployment for lower-skilled workers. If a lot of people want to increase their hourly wage, then they have to further their education. The more education someone has, the more chance they have of getting paid a higher wage.
ReplyDeleteThe graph shows us that low wage earners are much more educated that they have ever been but continue to be paid less money than ever before. Though a higher education usually translates to higher wages for an individual based on the graph the cost of getting an education in not worth the benefit, in order to get a college education people usually take out hefty loans in order to pay for it. There is no use in spending the time and money to potentially end up in a low wage paying job where you won’t be able to pay off loans and other expenses. The back end cost of not getting an education is that more people in this country will remain less skilled which will lower the productivity of the country as a whole.
ReplyDeleteThis graph shows us that no matter if you go to college, it does not guarantee that you will not have to work for minimum wage. Based on this graph, it does not seem like it is worth it to go to college anymore. Almost half of the population that went to college are being paid lower wages than they should be. Especially with all the costs that college comes with, including paying off loans, you could barely pay it off by getting minimum wage. The back end cost of not getting a college education will raise the percentage even more of people getting minimum wage but will allow the people who are getting college education a higher chance of avoiding that low of a wage.
ReplyDeleteThe graph basically shows us that even if alot of people are more educated than they were 50 years ago, they're making less money. Obviously, it doesn't pay to get an education. Getting an education is very important, if not, necessary. However, a high school diploma or a college degree does not guarantee you a good paying job since the economy is getting so ugly. One of the first back end costs of not getting an education is that you have little chance of getting a job. Nowadays, even a simple job in McDonalds requires you to have a High Diploma. The problem is not getting an education because education is good all the times. People usually go to school to get an educaton, get a degree and later on get a good paying job. However, they always have to know their worth.
ReplyDeleteThey need to keep telling themselves that they worked hard to get that far for a reason.
The graph shows that low wage people are more educated than the low waged people 50 years ago. It does pay to get an education, though. it may take some time but that time will make the difference of $7.50 an hour at McDonalds and a $22 an hhour at a law firm. If you can spare the time and are willing to work hard, an education is the way to go. The back end costs of not getting an education is that these people are setting themselves and their children up for a life of poverty and therefor, they will never have a steady career, jusst busy work jobs for little over minimum wage.
ReplyDeleteThe graph shows us that in today's society, those who hold a low waged job are far more educated today than they were 50 years ago. They are making such a low amount of money that the amount of education needed or the amount a person has received, does not matter because the jobs that they are getting are so low paying. This low amount of money only makes people feel like they cannot afford to get a good education for a better paying job but even then a higher paying job is not promised. Another back end cost of not getting an education is that getting a job is even slimmer and if a person does find a job, it will be a much lower paying job because even in today's society, a job at a fast food restaurant takes at least a high school diploma.
ReplyDeleteThe graph shows that the low waged people now are getting more education than the ones who did fifty years ago. But, low waged people now are getting 23% paid less than fifty years ago. You don't want to go to college and waste a lot of money just to work at a very low income job. You want to major in something that will benefit you in your future. Later, it will pay to get an education,however, you need a better job to compensate for your hard work.The backend costs of not getting an education is that you and your family will end up living in poverty because a good paying job requires a really good education. No education means no money and when you can't support your family, your children will end up growing up like you because you don't have enough money to pay for their student loans.
ReplyDeleteWhat the graph is showing is that people that have low-waged jobs are getting a lot more educated today then they were the passed 50 years. But it doesn't matter how much education they are getting because either way they are still going to have a low-wage job and wont make lots of money. In todays society, it is so hard to even find a job so either way it will be a low paying job because even if you want to work at a fast food restaurant you need a high school diploma.
ReplyDeleteThe graph shows us about education and low-wage jobs is that low-wage workers are far more educated than they were in 1968. Also that just because you went to college and have a good education doesn't always mean that you won't end up getting paid minimum wage. Because more low-wage companies have the ability to offer more jobs to individuals. While higher waged companies are limited to the people they hire. Yes, if you have a good education it gives you a better chance to get a high wage job but it doesn't always pay to get an education. Some people who received a great education are stuck working for low wage. The back end costs of not getting an education would be not having the ability to try for a high wage job, you're stuck making minimum wage, and not having the ability to support you and your family how you should. It's always better to go the extra mile and get the best education you can, it should eventually pay off in the long run.
ReplyDeleteThe graph shows that the majority of low wage jobs are occupied by more educated people, but their wages are lower now than 1968. It does pay to get an education because you have a larger opportunity to obtain a high income career or job. Without an education, you have to find other means to obtain that high income job, whether through making your own business or etc., because it is difficult to live on a minimum wage job. The backend costs of not getting an education are that we as a whole will become less skilled. There won't be as many engineers, doctors, bankers, accountants, and etc. That will decrease our ability to get things done as a country.
ReplyDeleteThis graph shows us that no matter if you go to college, it does not guarantee that you will not have to work for minimum wage. Based on this graph, it does not seem like it is worth it to go to college anymore. Almost half of the population that went to college are being paid lower wages than they should be. Especially with all the costs that college comes with, including paying off loans, you could barely pay it off by getting minimum wage. The back end cost of not getting a college education will raise the percentage even more of people getting minimum wage but will allow the people who are getting college education a higher chance of avoiding that low of a wage.
ReplyDeleteThe graph shows the comparison of educated workers in 1968 to 2012. It does pay to get a high education even though you may need to climb higher in the degree to start seeing your work paying off. Picking the right field and what is in demand now and will continue to be in the future is the depending factor of how well it will pay off. As for people without education, it will become increasingly difficult to get a job and make a live-able wage and they will most likely live unstable lives.
ReplyDeleteThe graph that was used in the article shows us that in today's society, people who have a low waged job are far more educated today than they were 50 years ago. They are making such a low amount of money that the education needed, does not matter at all because the jobs that they are getting are practically minimum wage. This low amount of money only results in making people feel like they cannot afford to get a good education for a better paying job. Ironically though a higher paying job is not even promised. Another back end cost of not getting an education is that the chances of getting a job are even slimmer than before. Even if a person does find a job, it will be a much lower income job.
ReplyDeleteThe graph shows us that having an education does not guarantee that you'll be working above minimum wage. According to the graph, workers are far more educated than they were back in 1968; research shows an increase from 17%-46% in workers who have had college experience, and an increase from 48%-79% from workers who have got an High School Diploma/GED from the year of 1968-2012. These facts doesn't encourage students to earn an education because the graph shows that educated people are earning same or less than a low-skilled worker. So why waste our time going to college when eventually it won't make a difference. The answer is low income or not it is worth getting an education because even though the graph contrast the notion of getting an education; it is better to work hard and get compensate later than be sorry. The back end costs of Not getting an education is to not be able to live a comfortable life which will affect your children.Moreover, the back end costs of not having an education is the affect it'll have in achieving your dreams, it will also affect the future generations in going to the hardships of paying for college. In another word "debt".
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The graph clearly shows that the low-wage workers from over 40 years ago are far less educated than the low-age workers in today's society. The graph also shows that these low-wage workers are making less today than they were making over 40 years ago. We're also finding that more and more high-wage jobs are becoming a rarity, and the people are actually questioning if it's worth getting a college education. This graph is actually deterring us people interested in attending college because it's basically stating that we [students] are not guaranteed a high-wage job/career in the near future, and that soon high-wage jobs will parallel low-wage jobs.
ReplyDeleteThe "back-end" costs of not getting a proper education is that it will greatly affect your future in a negative way. You won't be as experienced, and your job options will becoming way more limited. Another "back-end" cost is that you as a individual will have a higher percentage of receiving a low-wage job.
The graph shows us that those who have jobs with low wages are more educated than those who had a low wage job 50 years ago. These people are making such little money that the amount of education they’ve had does not really matter or interfere with their ability to get a low-wage job. When people are making small amounts of money they feel they cannot afford a better education which they assume would give them a higher paying job, even though this is not always true. The back end cost of not getting an education is that it will be harder to find a job and even if they do, they will not be paid as much as someone who has had more education. This is because even jobs with low wages are raising their education requirements.
ReplyDeleteThe graph shows that more people are getting higher education but are not making a lot of money that reason is that a lot of low wages job are asking for high diploma to just work form them causing more people to seek out higher education in life so that they can at lest get a job even though it is low wages. Without that diploma it will be even harder for you to get a job getting a higher education gives you a better chance at getting the job
ReplyDeleteThe graph shows that low waged people now are more educated than people fifty years ago. now a days low waged people are getting 23% paid less than fifty years ago. normally higher education means higher paying jobs but now a days the higher paying jobs don't make that much of a difference because you'll be drowned in debt from student loans. the back end cost of not getting an education is people will have less skills and will lower the productivity of the country.
ReplyDeleteThe graph shows that since 1968-2013 low wage workers are now way more educated than they were back then, but it also shows that they're getting payed less. Which is by far a big issue. Considering we're getting more educated, we should be getting payed more since we should be able to take one more tasks, and have greater skills. In Florida, our minimum wage is $7.79 . Most students would be getting a Part-Time job, meaning they would only be working around 20 or less hours a week, the rest would be attending school. I don't believe it pays to get an education. Even though it also depends on whether or not the student has financial aid, scholarships, etc. it still barely budges. Not getting an education means you would have a high school diploma. Now a days that's nothing in order to get a job. Most places would rather prefer a college degree over a high school diploma any day. we would be loosing a lot of workers.
ReplyDeleteThe graph shows that people with low education, back in 1968, were far less educated than today, and they were paid more than they minimum wage people now. The cost to go to college is still higher than it was 50 years ago, and many are deciding not to go through the expense that will force them to pay back loans later on. Getting an education does not guarantee someone for get the well paying job they were studying for. People can not afford to go to college, and prefer to work at a low-paying job. But it is best for them to get a good education and expand their chance for better opportunities. It is difficult when everybody is completing for the same job, it is best if they decide to go further in life and have the chance to get a better income than the average person working the minimum wage.
ReplyDeleteThe graph shows us that in today's society, the people that hold low waged jobs are far more educated today compared to 50 years ago. The amount of many they receive doesn’t count for anything because the jobs they hold make very little. Therefore, low paying jobs can make the people feel like they will never get a good education with a job that pays better. Another backend cost of not getting an education is that actually getting a job is almost impossible and if they do find one they most likely wont get paid much. People who do not have an education are also setting themselves up for a life full of drawbacks because they will have to work hard for minimum pay and will never have a successful career.
ReplyDeleteThe graph shows that people with low education, back in 1968, were far less educated than today, and they were paid more than they minimum wage people now. The amount of many they receive doesn’t count for anything because the jobs they hold make very little. Getting an education does not guarantee someone for get the well paying job they were studying for. People who do not have an education are also setting themselves up for a life full of drawbacks because they will have to work hard for minimum pay and will never have a successful career.
ReplyDeleteThe graph illustrates the relation between education and low wage jobs. As depicted in the graph, even though there are less people with high school diplomas and more with college educations, low wage job still have employees with higher educations than others with only their GED or high school diploma. In the graph no it does not pay to get an education. The people that attend college will end up in debt because of the cost of school and from their dead beat job due to the economic opportunities that aren't available. In the article these educated employees only bring more profit to these low end job because of their over qualification. But the backend costs of not getting an education is that you may not even get a job. Some jobs look for bigger and better and having a college education puts you higher than the average high school graduate or drop out.
ReplyDeleteThe graph basically shows us that even if alot of people are more educated than they were 50 years ago, they're making less money. Obviously, it doesn't pay to get an education. Getting an education is very important, if not, necessary. However, a high school diploma or a college degree does not guarantee you a good paying job since the economy is getting so ugly. One of the first back end costs of not getting an education is that you have little chance of getting a job.People can not afford to go to college, and prefer to work at a low-paying job. But it is best for them to get a good education and expand their chance for better opportunities. It is difficult when everybody is completing for the same job, it is best if they decide to go further in life and have the chance to get a better income than the average person working the minimum wage.
ReplyDeleteThe graph shows that even though more people are getting college educated, it doesn't necessarily mean that you will get a better job. The graph shows that many low wage job workers are far more educated then they were in 1968. According to the graph, it may not pay at all to get a college education as you have a large amount of debt to pay off in many cases as well as getting many of the same jobs that non-college educated people receive. However, you may not receive a job at all if you don't get a college education, so in many ways it does pay to receive a college education.
ReplyDeleteThe graph shows us that even though there are more people with College experience and highschool diplomas, minimum wage jobs are paying people less than they were in 1968. The graph shows that even though there are all these people who are getting educations, they are still getting paid the same as those who might have dropped out of highschool. While getting an education is important, is it worth it to take out student loans to gain that education? What must also be taken into consideration is that if you take out those loans, will your minimum job be able to pay back said loans? The backend costs of not getting an education is that you will probably be stuck with a minimum job for the rest of your life. Getting an education can open up the possibility of getting a better job and thus making more money.
ReplyDeleteThe graph is showing that even though there are more people getting a college education now that there were years ago that doesn't mean you're going to have a better job. Since more people are getting an education it is getting more competitive. Even though there are all of these people getting a college education, they're still getting paid the same as those who didn't even finish high school. Is it actually worth paying for furthering your education and spending all of the money if you're a college graduate getting paid the same as people who didn't even finish high school? Actually, those who didn't finish high school could essentially be making more money than those who went to college and are still paying back loans today. Getting an education can open a wide array of job opportunities that make more money, but most people are getting paid the same now a days. People need to do things to stick out in the work field to make more money.
ReplyDeleteThe graph shows us that low wage earners are much more educated, but they still are getting paid less, than the ones who are not as educated, like example early childhood teachers, they have on of the most important jobs in the world and yet they are the less paid. Based on what the graph shows, it really pointless to go to college, waste all that money, because we think "I have an education, which means I will be getting paid more than the average person" but by the looks of it, we really won't be. This will only cause bigger problems, it will have the people competing for the same job. A "back-end" cost is that you most likely would be getting a low-paying job.
ReplyDeleteAccording to the graph college education does not relate to a high wage. This is because the job market is much more saturated with individuals that have higher education.Getting an education seems like it is paying off much less than it used to. However this is not an option as an education is still necessary for employers to consider giving you a job. It is likely though that even with an education a high paying job is not in your future.
ReplyDeleteThe graph shows that the low-skilled jobs has workers that are overqualified for the job. The workers nowadays actually have an education but have no where left to turn. The majority of the workforce, the base, gets paid like crap, college educated or not. We have people going to college & taking out loans & then not being able to work in that field of study they went to school for. It does not help your paycheck to go to school but it died help you when the employer is making a decision.
ReplyDeletethe graph shows that there are more higher educated people doing low skilled jobs but they are getting underpaid compared to what they should be getting paid. having it like this shows that getting an education seems completely pointless because youre not getting rewarded the way you should be. the low wage isnt going to help pay for college which is going to cause people to take loans they wont be able to pay which isnt a good thing at all. however if you dont get an education its getting more difficult then it was to actually get a job. so you have to think that maybe getting more highly educated is actually in a way a good thing. its just gonna teach people to be wiser with what college they pick. youre going to seemingly see more and more people go into community colleges so they dont have to pay as much long term. its a win lose situation.
ReplyDeleteThe graph clearly shows that people today with low income jobs are more educated than those in the past. It may take an extra 2 to 10 years to achieve a high education that can get a job that pays more than minimum wage. One might also need a great value of student loans if scholarships are not available. This shouldn't be a big issue if the education one recieves is sufficent enough to pay off the debt's. In a much broader perspective though this could also mean a decline in well educated teacher's due to the fact that teachers are paid insufficently for the work they do. It will be more beneficial to get a higher education becuase yes the person at Mcdonald's may start making money out of high school, but people have part time jobs in college and when they get out of college or somewhere that offers a higher education, like a vocational school, then they will be able to make more money in less time. Although most of this is therotical, how many Mcdonald's employees know how to invest money the right way.
ReplyDeleteThe graph shows us that low wage jobs are being populated by higher educated people, yet the minimum wages have decreased since 1968 by 23%. This graph also displays that going to college does not always give you the extra kick in today’s society because it does not guarantee a better paying job for some. I think this is because low wage jobs hire more people than higher wage jobs because they are less competitive with their wages. The back end cost of NOT getting an education would be getting stuck with a minimum wage job. It will be difficult to support a family with minimum wage as well. Another back end cost is wasting your skills; say you don’t make your way up to a higher paying job?
ReplyDeleteThis graph shows that low wage workers are less edu ated then they were 50 years ago. The graph also shows that going to colleage is not t long an imorotant factir if ytou will get a high paying job. The market is flooded with colleage educate indivule thus make them not worth as much as before.
ReplyDeleteThe graph show us that low-wage workers are a lot more educated now then they were nearly fifty years ago. Now that more people are educated there is even less job because the workforce is very competitive. that is not fair because there is really no incentives of getting a higher education if you are still going to get the same pay as an average person. So these people who went to college won't be able to pay their loan. The back end costs of not getting an education would be not having the ability to try for a high wage job, you're going to be stuck with a minimum wage and won't be able to support your family. It's always better to go the extra mile and get the best education you can, it should eventually pay off in the long run. so, getting an education is some what worth it because you have a possibility of making above minimum wage
ReplyDeleteThe graph illustrates the relation between education and low wage jobs. As depicted in the graph, even though there are less people with high school diplomas and more with college educations, low wage job still have employees with higher educations than others with only their GED or high school diploma. In the graph no it does not pay to get an education. One of the first back end costs of not getting an education is that you have little chance of getting a job.People can not afford to go to college, and prefer to work at a low-paying job. The "back-end" costs of not getting a proper education is that it will greatly affect your future in a negative way.
ReplyDelete