BANGKOK: -- 22 September 2014 (NNT) - College students in Thailand who are Bachelor’s Degree holders are unlikely to have a promising salary, as the employment market has been saturated with Bachelor’s Degree graduates.
Sirikanya Tansakul, a senior analyst from the Thailand Institute of Future Studies Foundation, declared that Bachelor’s degree students are less likely to have a bright future for their careers than they did 10 years ago.
In the first few years of the 2000s, the salaries for Bachelor’s degree holders used to be 3 times higher than their high school counterparts. Nowadays however, their salaries are only 2.4 times higher.
The senior analyst mentioned that as the market is becoming saturated with Bachelor’s degree holders, employers are less likely to give a high salary or a fresh start in their careers since they have no special qualifications.
The government should, therefore, focus on reforming the educational system in order to produce higher quality graduates and bridge the social inequality gap. Should this issue be prolonged, then it would be a critical problem within the next 5-10 years ahead.
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