AT home, the general belief has turned into a major disaster: the folk wisdom that a college education is a ticket out of poverty was debunked by the number of unemployed college graduates despite costly tuition fees and costs of studies for a four-year academic course.
The fourth Graduate Tracer Survey, covering college graduates, who completed their studies within 2009 to 2011 (reported in a paper by Melba Tutor, Aniceto Orbeta Jr. and James Matthew Miraflor and released by the Philippine Institute for Development Studies in December 2019), found that 15 courses accounted for more than 70 percent of the graduates and nearly half had bachelor’s degrees in just five fields: nursing, elementary and secondary education, business administration and commerce.
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