The College Degree

Paper Summary:

This paper explains that, to get a good job, prior education and experience are the most important credentials for one obtaining a higher status. The author believes that experience is often not something easily obtained by young men and women, so employers tend to focus more on education. The paper states that, instead of the highly educated being the primary victim's of the "Internet" based recession, it was the least educated that were affected the most.

From the Paper:

"In learning about organizations, we learned about hierarchy. Organizations do not give equal power or weight to ever member. Rather, organizations are shaped (and likewise controlled) by a "pyramid" of power, where a small group of individuals makes the decisions for the majority of the rest. The top of the "pyramid" is occupied by what we would consider as the most powerful and most important in the organization. It is also important to note that these people not only have more power, they also receive the most benefits. They are usually the best paid, and have the most job security."

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