For years, students were assured that with a college degree in hand they could acquire an excellent job. However, in recent years, several developments have signaled the beginning of a change in the supply-demand relationship in the services of education. Teachers with terminal degrees far outnumber the available teaching positions in many disciplines. The chairman of a science department today may receive three to four hundred applications for a position that once attracted only half a dozen. States are closing down some colleges and requiring others to cut back on undergraduate and graduate programs. Higher education is well into a buyer’s market. With the realization that higher education has lost its boasted position in the eyes of the public, administrations of colleges and universities must be prepared to enter into competition with all other supplies of products and services. Private institutions in the long run, have no alternative but to satisfy their custom
A. Students still believe they can get a good job if they have a college degree now.
B. Students believed they were sure to get a good job if they had a college degree in hand.
C. Good jobs are only given to the people who have college degrees.
D. Many good jobs have disappeared in recent years.
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