If the source you quote to support your argument is yourself, would it be reasonable to expect that you can properly quote what you wrote not even one year ago? Not if you’re Megan McArdle.
Between 1992 and 2008, the number of bachelor’s degrees awarded rose almost 50 percent, from around 1.1 million to more than 1.6 million. According to Vedder, 60 percent of those additional students ended up in jobs that have not historically required a degree–waitress, electrician, secretary, mail carrier.
[Emphasis added and really, mail carriers?]
Not yet a year later, what has become of this “fact”? New
Yet playing with the interest rate on student loans is not going to give much of a boost to the middle class when already 60 percent of college graduates are taking jobs that haven’t traditionally required a college degree. Better educated waitresses may be a fine thing for America, but is it really bolstering our bourgeoisie?
[Emphasis added, misquoting in the original.]
I would call it a big jump to go from 60% of of the additional 500,000 college grads taking jobs that have “historically” not requiring a college degree to 60% of all college grads taking up jobs as waiters, etc… As in, a jump from 300,000 to 960,000. Must be one of those it’s a hypothetical, not a statistic sort of thing.