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What Is a College Degree Worth in China? - nytimes.com

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abc_2011

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A job fair for college graduates in Hefei, the capital of Anhui Province, in October.

While China's economy keeps growing at a rapid pace, the dim employment prospects of many of its college graduates pose a potential economic problem.
According to recent statistics, the average Chinese college graduate makes only 300 yuan, or about $44, more a month than the average Chinese migrant worker. In recent years, the wages of college graduates have remained steady at about 1,500 yuan a month. Migrant workers' wages, however, have risen to 1,200 yuan.
 
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02rfd-image-custom7.jpg


A job fair for college graduates in Hefei, the capital of Anhui Province, in October.

While China's economy keeps growing at a rapid pace, the dim employment prospects of many of its college graduates pose a potential economic problem.
According to recent statistics, the average Chinese college graduate makes only 300 yuan, or about $44, more a month than the average Chinese migrant worker. In recent years, the wages of college graduates have remained steady at about 1,500 yuan a month. Migrant workers' wages, however, have risen to 1,200 yuan.

Why are you posting a post from the debate room of NY.times dated back in 2010? :lol:
http://www.nytimes.com/roomfordebate/2010/12/02/what-is-a-college-degree-worth-in-china
 
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No big deal.

At the very beginning, I wanted to have some serious discussion with them. Now, their posts are more like jokes to me.

Yeah, more and more people in China have high enducation now, that's very good for our country in long term
 
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Why is this a bad thing? China now have more higher educated people and the competition in the academic area becomes fiercer while the laborers get a much deserved raise in salary.
 
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