That’s the outcome of a Freedom Economy Index survey of 70,000 small businesses, of whom 905 responded, producing a survey with a 3% margin of error and a 95% confidence interval for the outcome.
And having delayed the lede, here is that outcome.
Fully two-thirds of the respondents think college graduates have educations that are useless to business needs, and another quarter of them think those graduates don’t have very useful educations. Here are some of the comments from respondents, which the survey reported verbatim:
- The Talent shortage will just get worse because high schools and colleges produce no talent.
- The skills should be taught in highschool [sic].
- A good work ethic would be a good place to start!
- They don’t show up to an interview, and work is too hard, 9-5 is such a struggle.
Four-fifths of the respondents’ positions range from don’t care about hiring a graduate of a “major” school to strongly less likely to hire such a one. Some more verbatim comments:
- I found that graduates with the aforementioned scholastic achievements typically have an incompatible ideology with my business culture.
- We would hire someone with hands-on experience over someone that read about it in a book.
- I only care about skills. If you ain’t got the skills you ain’t got a job.
And these two, which pretty much speak for themselves:
Businesses—small businesses, anyway—are catching on to the utter failure that is our current generation of colleges and universities.
The survey itself covers a broad range of items of concern to the small business community; it’s well worth reading in its entirety.