The Indicator from Planet Money Men without college degrees aren't doing well
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Dec 6, 2024 
Richard Reeves, President of the American Institute for Boys and Men, sheds light on the economic struggles faced by men without college degrees. He highlights how their wages have stagnated compared to previous generations, and emphasizes the importance of rethinking societal roles beyond financial success. The discussion reveals wage disparities since 1979 and addresses the urgent need for alternatives to traditional education pathways, such as apprenticeships, to help elevate this demographic's economic standing.
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Royal Pollard's Wage Concerns
- Royal Pollard, a server in NYC, makes $35/hour but struggles with inflation.
- He questions if he's financially stable compared to his father.
Wage Growth and Education
- Men with college degrees have seen wage growth, unlike those without.
- This reveals a class divide obscured by average wage statistics.
Decline of Manufacturing Jobs
- Manufacturing jobs previously offered decent pay to men without degrees.
- These jobs were often protected and unavailable to other groups.