Alan Blinder, a Princeton professor and former Federal Reserve vice chairman, says it won't be surprising years from now if a carpenter in the U.S. earns more than a college-educated computer operator. In fact, the data suggest that education bears little relationship to jobs that are vulnerable to offshoring, he says.
On balance, Blinder says, "there's little doubt a college education is a good investment for most students."
But he offers this advice: "Don't train yourself or your children [in work] that a computer can do or a smart kid in China or India can do. Because that's ferocious competition."