Analysis Of Degrees And Dollars By Paul Krugman

In the past, going to college and getting a degree essentially guaranteed the graduate would find a job in his or her field. As the years have past, this idea has begun to change. The essays, “Degrees and Dollars”, “Is Your Job an Endangered Species”, “Will Your Job Be Exported?”, “Job Outlook For College Graduates Is Slowly Improving”, and “College Majors, Unemployment and Earnings: Not All College Degrees Are Created Equal” by authors Paul Krugman, Andy Kessler, Alan S. Blinders, Lacey Johnson, Anthony P. Carnevale, Ban Cheah, and Jeff Strohl, describe how employment is changing in the United States and give key factors to success in today's job market. The authors of these articles agree that technology is beginning to replace many jobs, and that the type of job performed determines if it will be replaced , but disagree on the job outlook for college students and what kind of degree is needed to get a job.

As technology advances rapidly, it has begun to replace numerous jobs in the United States. Krugman speaks briefly in his essay, “Degrees and Dollars”, about the use of a new software to perform legal research. This software can perform research much faster than a group of lawyers can (Krugman 334). This reduces the amount of lawyers a law firm would need to hire, taking jobs away. In “Is Your Job an Endangered Species”, Kessler describes a new Computer Aided Diagnosis System could replace radiologists in the medical field. This system is cheaper and more effective when it comes to identifying diseases, making the need for radiologists minimal (Kessler