MBA Students in U.S Schools in trouble.

Based on the story below, i can't stop but wonder about the oh so necessary degrees that we all work so hard to achieve. There is nothing wrong with degrees, in fact education is the best gift anyone can get, and by all means, do not stop. Go for the PhD too., but do not let that stop you from attaining other things while you are at it.

As we all know it takes quite a while for foreigners to graduate college without steady employment and financial help from anyone. People work their butts off to pay through college, and it takes years, even decades. For those with guts, they get financial aid...that's another story all together, I'm in there too....another reason to have you stay in America as you work to pay off the debts.

But so many times, a lot of people have missed so many opportunities in venturing into business and other life changing chances just because they lacked a degree. It is really not supposed to be like that. Look at America...not everyone has a degree, - even worse, others do not even have GED's - high school, but there is work to do. You can be a manager in a fast food restaurant, a janitorial manager for all I care, without a degree, and it works, because this is employment that feeds the economy and provides people with opportunities, and when you have opportunities, you thrive, work hard and even get much more.

This is not the case in the developing countries. No one will hire you without some form of recognized training, a degree, and to be hired by a company as a standard eight leaver? or even as a high school leaver? no one will even look at you! My question is, if employers didn't care so much about the CV, titles behind the name and where they attained degree from, may be we would have a more progressed country. May be we would be one of those countries with great employment rates.

I'm not saying degrees aren't needed, they are. What I'm saying is, for a country like Kenya to get out of it's bad economic status, unemployment and youth crimes, people ought to be given chances to prove they can be trusted. Very few people in Kenya have been to a 4yr college. Even fewer have Masters. Don't even try with the PHD's! For all those without degrees, they are somewhere may be looking for a better job - better lifestyle, and endless ways to be comfortable and successful. My thoughts are, they are not satisfied because they are unqualified That's sad. They are just too many of them.

I say employers need to look at skills: Forget the CV and big name universities. Look at what the person is capable of doing. Look at their communication, customer service and people skills. Train them based on their job description. Train them based on the goals and objectives of the company. Reward those who show promise. Over qualifying the educated few - who happen to be elite few, only increases unemployment and causes the majority poor who have college diplomas and certificates and may be high school leavers to be unproductive. What does that do to the country? Take a look and see......

Let's give everyone a chance. Even better, let's have everyone get an opportunity to attend college. Let's provide our people with training that is helpful to all, not only to the elite few who can afford expensive universities and colleges. Let's believe in people enough to offer them training, our trust and belief. Let's believe in those who no one else believes in. That's how we build our nation.

Report: BofA rescinding job offers to MBA students

Austin Business Journal

Bank of America Corp. is starting to withdraw offers to some MBA students that graduate from U.S. business schools this year, the Financial Times reported Monday.

The $787 billion stimulus package prevents financial institutions like Bank of America (NYSE:BAC) that receive TARP money from applying for H1-B visas for highly-skilled immigrants if they have recently laid off U.S. workers, the paper reported.

The move should affect no more than 50 graduates, but is worrying business schools, the Financial Times said.

“There might be an inclination for people from around the world to vote with their feet (and avoid U.S. business schools),” David Schmittlein, dean of MIT’s Sloan school of management in Boston, told the paper.