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Graduation Tells Macro Story

By James Bordonaro
Opinion | December 18, 2010

EMPORIA, Kan. - I attended the December graduation ceremony for Emporia State University where my wife is a professor. In casually scanning the brochure that had been prepared to accompany the 'pomp and circumstance,' I noticed an exceedingly larger percentage of business (especially MBA) grads were of Asian or Arab ancestry.

Perhaps that is to be expected given the increasing globalization of the marketplace. Having so many foreign students helps keep tuition for in-state residents lower than it would otherwise be but in the long run I fear we, as a nation, may find ourselves to be little more than mass market consumers of goods made in China, information technology supported from India and over-extended debtors to Saudi princes.

What a shame.


1 Comment

My wife graduated from KU in December and I had some similar feelings with the ceremony. Granted it was for the school of education and the school of sports management but as I watched not a single person (and most were NOT Asian - maybe one) was going into any field that would actually create a job. Granted school of ed people were just going into teaching and many of those were only going to keep pursuing a better degree (meaning more money for the uni) but still, 50 graduates and not one mentioning creating a new company or doing anything to create new jobs.

Economic growth will NOT come from the government. It must be from people designing new products or opening new businesses. Sadly the US is producing WAY too many students of "sports management" and not enough MBA's.

BTW. This KU ceremony was way better and more dignified than the "cattle call" they had when I graduated from KU back in '91 and it wasnt an embarrassment with all the craziness.


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