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FROM THIS EPISODE

College is now regarded as the "new high-school," with a four-year degree considered necessary for success in America's evolving economy. So why are so many four-year graduates underemployed and ill-equipped for the high-skilled jobs that are available? Would vocational schools better serve the workforce — and the economy? 

Later on the program, how news coverage of the failed presidential candidacy of Democrat Gary Hart predicted the phenomenon of Donald Trump. 

Producers:
Andrea Brody
Paul von Zielbauer
Christine Detz

Scandal Takes Down Iceland's Prime Minister 6 MIN, 8 SEC

The massive document leak called the "Panama Papers" has claimed its first victim. After thousands of demonstrators gathered outside Iceland's parliament building in Reykjavik, Prime Minister Sigmundur Davíð Gunnlaugsson reluctantly resigned. Paul Fontaine is news editor at the Reykjavik Grapevine.

Guests:
Paul Fontaine, Reykjavik Grapevine (@pauldfontaine)

More:
Reykjavik Grapevine on opposition's unhappiness with choice of new prime minister

Do You Really Need College to Get a Job? 32 MIN, 15 SEC

Democrats have made higher education central to this year's presidential campaign. With costs sky-rocketing, graduates are collectively $1.3 billion in debt. So Hillary Clinton wants to make college more affordable, and Bernie Sanders is demanding that it should be free. But Marco Rubio has a point: potential workers don't have the training for high-skilled jobs being created by new technology, while more and more college graduates are both underemployed and deeply in debt. We get a reality check on education and America's manufacturing economy.

We want to hear from you. Are you concerned about jobs going overseas? Please let us know sharing your insights here.

Guests:
Mike Rowe, Discovery Channel's 'Dirty Jobs' (@mikeroweworks)
Nic Roman, retrained college graduate
Jeffrey Selingo, Washington Post (@jselingo)
Peter Cappelli, University of Pennsylvania (@wharton)
Dorothy Rothrock, California Manufacturers and Technology Association (@cmta)

More:
Rowe on the right of free college
Selingo on our obsession with elite universities
Selingo's 'There Is Life after College: What Parents and Students Should Know about Navigating School to Prepare for the Jobs of Tomorrow'

Will College Pay Off?

Peter Cappelli

Are We Getting the Leaders We Deserve? 10 MIN, 54 SEC

For serious students of politics and government, this year's presidential campaign has been a travesty: Donald Trump, bragging about his ratings; a discussion of his anatomy; a Twitter war about candidates' wives. In the past few days, political commentators and reporters have been asking if the news media — themselves included — have been responsible — as if it's all something new. But for Matt Bai, national political columnist for Yahoo News, it's all too familiar. He's author of All the Truth Is Out: The Week Politics Went Tabloid, a book about a presidential candidacy that ended abruptly in 1987.

Guests:
Matt Bai, Yahoo! News (@mattbai)

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