In the 1970s, a bachelor's degree provided graduates access to excellent jobs, higher pay, and advancement opportunities. It was definitely worth going to college, especially since the costs were reasonable. On the other hand, getting a job at McDonald's could be done while still in high school.
Fast forward to 2013. Recently, a McDonald's franchisee posted an ad for a cashier position in which the requirements included 1-2 years experience and a bachelor's degree
To me, there are two possible explanations. Either McDonald's technology to cook fast food has tremendously advanced, or the education available up through college isn't as useful as it was in the 1970s.
For more on Crossing Generations, check back every Thursday for a new segment.
This is not financial, education or career advice. Please consult a professional advisor.
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1 comment:
This one just puzzles me to no end. My best guess is that McDonald's uses some outside firm for hiring and their standard job opening template is 1-2 years experience (experience in what exactly?) + bachelor's.
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