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Should governments fund liberal arts degrees?
Liberal arts graduates do not have good job prospects.
Liberal arts graduates tend to earn less than other graduates.
higher rates of unemployment
among liberal arts graduates than among pre-professional graduates .
Employers tend to prefer employees with qualifications in STEM subjects (Science, Technology, Engineering, Maths).
Government subsidies, in this case of liberal arts majors, lead to surpluses, which will further exacerbate the imbalance of job prospects for liberal arts majors.
Some liberal arts graduates have found it difficult to apply the
skills and information
they learn in their degree to the modern workplace.
that the best way to survive the automation age is to develop your soft skills.
With more and more people graduating with STEM degrees and applying for STEM related jobs, the job market is
likely to get saturated and competitive (P.g. 2)
for them, meaning it would be difficult for such graduates to get a job.
suggests that as society relies further on technology for economic development and prosperity, job prospects for STEM graduates may eventually start getting bad.
In terms of employment, students with liberal art degrees may be more likely to benefit in the long-term than students with STEM degrees.
Many jobs now
that their workers are university educated regardless of their field of study. This means that liberal arts degrees do contribute to the employment of liberal arts graduates.
The 'soft' skills degrees in liberal arts teaches graduates - communication, critical analysis, research abilities - are being
to the modern work place in new ways, and so are increasingly being
by employers in a diverse range of industries.
The liberal arts should adapt to teach hard skills which are needed in the modern workplace - applying coding, statistical techniques, and media proficiency to the appropriate areas of their fields.
Measuring employment prospects is a poor way of deciding which degrees governments should fund.