Word: bachelor
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Dates: during 2000-2009
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...born into glitter himself. His father was Walter Hoving, who first headed the swank department store Bonwit Teller and then the luxury retailer Tiffany & Co. The younger Hoving grew up in Manhattan and attended a series of private schools. Then it was on to Princeton, where he got his bachelor's degree, a master's and then a doctorate in art history. In 1958 he went to work for the Met, eventually becoming chief curator of medieval...
...problem isn't just a soft job market - it's an oversupply of graduates. In 1973, a bachelor's degree was more of a rarity, since just 47% of high school graduates went on to college. By October 2008, that number had risen to nearly 70%. For many Americans today, a trip through college is considered as much of a birthright as a driver's license. (See pictures of the college dorm's evolution...
...devaluation of a college degree is no secret on campus. An annual survey by the Higher Education Research Institute has long asked freshmen what they think their highest academic degree will be. In 1972, 38% of respondents said a bachelor's degree, but in 2008 only 22% answered the same. The number of freshmen planning to get a master's degree rose from 31% in 1972 to 42% in 2008. Says John Pryor, the institute's director: "Years ago, the bachelor's degree was the key to getting better jobs. Now you really need more than that." (See TIME...
...what does it take to impress recruiters today? Daniel Pink, an author on motivation in the workplace, agrees that the bachelor's degree "is necessary, but it's just not sufficient," at times doing little more than verifying "that you can more or less show up on time and stick with it." The author of A Whole New Mind: Why Right Brainers Will Rule the Future says companies want more. They're looking for people who can do jobs that can't be outsourced, he says, and graduates who "don't require a lot of hand-holding." (Read "The Incredible...
Needless to say, I can’t wait to see what the new office is going to look like next season, let alone what a Draper bachelor pad will hold. If Joan’s return is evidence of anything, it’s that change is coming, and those who can see it coming just in time will be the ones to make...