US college enrollments are falling, except for graduate degrees
qz.com
qz.com
I think a better future would be focused, shorter-term educational programs, taken flexibly through one's early career years. There simply have to be better ways to unbundle the positive aspects of the college experience to make them more responsive to people's individual journeys to their serious careers.
On the other side you need some kind of education for almost any job here. Car mechanic, etc. So it is not as flexible.
I just always cringe when I hear someone is going to university to study for a job. Many jobs just require more practical experience than knowledge. In the US the choices are extrem: either go to some university or do nothing at all and try your luck.
https://www.datenportal.bmbf.de/portal/de/Tabelle-1.9.5.html
I personally know several(!) instances where “the smart and brilliant sibling” went for university, the “quiet one went for an apprenticeship” - and the pay off has been substantially more beneficial for the people taking the apprenticeship road even though the “college siblings” didn’t exactly fail or end up unemployed... I know it’s anecdotical.
But in Germany, they seem to push a rather weird political agenda in this direction which doesn’t help anybody.
I wonder whether it's self-correcting in some way - management-class hopefuls end up poorer than their hands-on counterparts, and these wealthier families end up having more political clout over time which balances the snobbery that got everyone to push their children into management streams in the first place...
This is what has traditionally been believed and does not necessarily represent reality, but it explains the tradeoffs each route offers.
This is anecdotal, but a blue-collar acquaintance who studied for a 3-year power plant safety program purchased a detached home a full 7-10 years before his peers who went to university for four-year degrees. There wasn't much parental assistance involved in the home purchase.
Being able to make enough to cover a mortgage and sock some money away in an investment account can give you a financial boost that compounds over time. If you live in an expensive housing area, that boost could end up exceeding what white-collar grads net out to, 15-20 years later.
It is just so freakin easy to get an apprenticeship in comparison to getting a job with a university degree. And I am talking business/IT apprenticeship versus university counterparts. It’s not as much “those business hobos will all get unemployed and they deserve it” - it’s rather: “if you just sign up early and promise not to strive for ambition you are better off financially in a lot of cases”.
Since there are financially unwise college degrees (social work) and on the other end those with a mostly guaranteed, very decent minimal guaranteed income and incredible potential (medicine), this is an unfair comparison.
Second example - well, the PhD postdoc survives 2-year contract over 2-year contract while his younger brother just loads just more cash than he can carry.
This does not hold everywhere - both “younger siblings” work at a large industrial company that pays well. It’s just 100x easier to get a job that is paying well with mediocre grades and an uncle than with an engineering, business or science “summa cum laude” university degree.
Really crazy how that turned out. Many more similar stories from my siblings and their class-mates.
One must plan a technical career carefully. I was able to get an internship at Kodak's Tennessee plant after my junior and senior years. I originally wanted to study inorganic chemistry. I worked for scientists who both were Ph.D. polymer chemists. They showed me the American Chemical Society's study on chemist occupations. 80% of chemists worked on polymers at some time during their career. I applied for both types of programs, and the UMASS Amherst Polymer Science program provided a research assistance-ship that paid my way. it was a great experience and I had a fantastic Ph.D. Advisor - who is now an emeritus professor at Rice University. I stopped interviewing after I had 5 job offers. Employment fluctuates with the economy. Some fields are more robust than others... Do your homework before rushing into a pricey program...
Higher education can be a ticket to a great career. It can be a cost it takes a lifetime to repay, especially if penalties and interest accrues.
I think it's fairly easy to see this type of outcome if the major was a humanity and the trade was something like plumber, electrician, or climate control, even in the US.
The problem is, no family ever considers both to be valid options.
There are families where it's just assumed you'll go to college and no one even questions it. (They don't even stop think, wait, this gal would be a great plumber and easily make six figures as her own boss!)
There are families where college is something "extra" that's not required.
I know of no families (though I'm sure they exist) where plumber is considered an equally honorable profession as accountant or teacher.
There's a kind of social stigma attached to the trades, for want of a better word.
In the US and UK you're considered educated once you go through school. So you can go another two years to University and become a lawyer(same with medicine, provided you can afford it). In Germany you're kind of set for life.
Engineers are not considered business people, business people can't be considered engineers. But one of my favorite startups back in the days(Basho the makers of Riak) two absolutely fantastic engineering managers I met were an english literature grad and an business school grad. Both just had a lot of interest in Computer Science.
Of course the other extreme of the equation is people that found the Fyre Festival or Theranos.
To add to that: This trend only shows that people do not want to do low-pay hands-on jobs anymore. It does not mean that universities compete with apprenticeships. Although this certainly causes the rise of bullshit study programs.
I think some of the commerce chambers/etc. have brought this onto themselves by pushing the advantage of their paying members who have effectively turned most trades and crafts into guilds, where your only chance at getting a good job (aka being self employed) is inheriting machines and the company rolodex. [And no, you generally can't pull it off on your own, because you have to actually pay for studying to be allowed to open a business, so you are 30 years old, have no money and have to get a 200k loan for your non-hyperscaling business, while you have to pay rent or want to buy a house]
Capitalism solves the resulting supply shortage of "qualified" plumbers, carpenters et. al. by providing cheap, eastern european, DIY-style "I can do everything"-craftsmen (actually, my grandfathers both had similar sidegigs (ok, one built his and his friend's homes with them) during the "Wirtschaftswunder" and retired).
Nearly everyone who is sufficiently intelligent to pass the necessary exams then moves to university to study in the hope to get a "nice, comfortable" job. Even if they really liked their vocation. But working your ass off in the lower 10%-income bracket, while your boss buys a Porsche a year from profits you earned in a 5-person company he inherited from his father kind of sucks.
You can say the same thing about software engineering. The push for easy immigration has solved the fake shortage in Germany and kept the salaries low enough to keep companies very profitable.
1 - a high school education in the US no longer results in someone functionally prepared for citizenship (manage a budget, understand how to vote, keep themselves fed and clothed, understand a newspaper etc). It’s also only 12 years. The first year of the 4-year undergrad program at most schools is leveling all the kids to the same base.
2 - despite my criticism above, the US undergraduate design is, by and large, intended to be broad rather than deep; while in most countries you can get an undergrad law or medicine degree and then be a lawyer or physician, in the US undergrads are expected not only to study their subject (“major”) but also some literature, maths, perhaps a foreign language etc. Actual profession comes in many cases from an advanced degree. I think this is a better system though not always well implemented.
There is also a Berufsschule- like system called an associates degree for basic accounting, dental assistant, etc.
My son attended German Grundschule and Gymnasium track, but did some US high school and US undergrad. I did US high school and US undergrad, but my exposure is to a different system. So while I think the us educational system is in a parlous state, it has some strengths as well.
You'll be shocked to find that there are people all over the world and throughout most of history who learned how to do all of these things without any school at all!
I intentionally kept reading the newspaper off that list, because that typically does require some formal education process.
I'm not a radically anti-state person, but its strange and concerning to me that there has been this increasing trend of critique public school for not teaching you basic life skills.
Maybe we need less school and not more. Extending the definition of "child" to be 18+ and keeping students so busy with homework that they don't even learn how the world works through their family and peers seems like a problem that more school won't fix.
Besides understanding a newspaper, which arguably schools do teach since they teach you to read and do analysis on text in English classes, did high school education ever cover the rest of this?
They literally taught sewing, cooking, balancing a checkbook and budgeting, child care, basic auto mechanics, and some welding iirc. These are all super useful life skills and the sad part is that all of us brilliant geniuses that went on to college never got the equivalent covered.
Planning on buying a cheap welder soon and teaching myself how to weld in the next 6 months (at age 50).
As a broke college student DIY auto repair was a great way to save money. As someone with a job, it's more of a hobby.
But learning how to fix a basic machine is an amazing lesson in design: you see how mature technology is made to be maintainable, which isn't something you get from a lot of modern electronics.
Shop and welding was long gone by the early 2000s but my school had a big greenhouse so I took Horticulture.
A good friend of mine, who later went to the NFL, was so excited he learned to bake cookies. He also learned to read the stocks section and was super excited to try investing.
* He's doing quite well now. Football paid for college, NFL paid for law school.
No. But the upper middle class from which most of HN's inhabitants come could more easily be ignorant of it back then.
You had the token home ec and wood shop classes but eeryone who wasn't super interested did whatever and got a B and didn't really pick up any lasting knowledge in the process (art and music have similar probably the best point of comparison today).
[In the Ontario public school system, specifically] we were required a Civics-classified course in our upper years which resulted in me taking Canadian History rather than general civics—but understanding how to vote has never been a burden here.
Budgets, etc, were covered by a maths course called "Math for Everyday Life" which was, unfortunately, in the "enter the workforce" rather than the College or University stream so most avoided it because it appeared as if it was next to remedial. I took it. It was alright. I don't remember specifics, but it's likely responsible for a lot of my intuitive understanding of things like budgets, credit systems, mortgages, etc. While it wasn't in the higher streams, it did fulfill the requisite for math in order to graduate.
As far as English courses, we were required to take one of College or University streams throughout high school for reading a mix of literature critically, dramatically, and to engage in debate. You could also optionally take a Creative Writing course beside that which had more reading, more debate, more in-depth grammar and creative exercises (which if you ask me only improves reading comprehension) as well as a final project of developing a small body of related work, presenting it and defending it in a proposal.
And I attended rural schools, one of which was being progressively closed as I attended (thanks Mike Harris), so it wasn't just a matter of being in a city rich with resources, or of a certain class.
That said, it's unfortunate that I hear a lot of people claim those kinds of courses are not offered here (and worse, use that as reason for complete reform or selling our public system to private interests), and many subjects are not covered—but they are, and I've just noticed not many people take them. Canadian History, and our amazingly jaded teacher, covered in detail the dark side of the country's history and some of the complex network of politics of the First Nations, and the Math for Everyday Life course (while I wish I had dug into more complex topics with as much fervour) made the basic stuff a little more natural in my understanding.
Any of the wood shop/home economics (joint course, you had to take both) courses mentioned we had taken in the 7th/8th grade rather than high school. There was an auto shop, but I can't comment because I didn't take it. Car ownership seemed well out of reach so I didn't care as much at the time!
I look back fondly on those years and absolutely loved free periods, in addition to the many electives I took that were not purely science or math.
I'm studying CS and I had physics, electronics, history, intellectual property law, PLC programming, automatics and foreign language and more that I do not remember.
Isn't that broad?
For example, a CS student at Stanford would meet these requirements [1] by choosing from a wide range of courses such as "Jazz History", "Conservation Photography", "Contemporary Moral Problems" and "To Die For: Antigone and Political Dissent"
People who like this system would say it produces a well-rounded education - surely nobody would want students of politics to be ignorant of statistics, or students of engineering to be ignorant of ethics!
There are a variety of much more cynical interpretations available, of course...
[1] https://undergrad.stanford.edu/academic-planning/degree-requ...
US employers didn't do this out of the goodness of their shareholder's hearts or (as in Germany) any regulatory obligation. They did it for competitive advantage; skilled labor was scarce and worth investment.
Those days are long past. Contemporary workers are oblivious to this history as it has been more than two generations since this situation prevailed in the US. The reasons for this change can no longer be discussed in a candid manner without triggering people so I won't attempt it.
At the factory attached to my place of employment, I'm not sure what jobs are actually left that are related to any of the skilled trades. Most of our workers are assemblers. We do hire people with 2 year trade school degrees, or equivalent military service training. When our welder retires, we will probably outsource the welding.
Now we get pieces from shops that have skilled trades such as machinists, but I don't think those shops require a 4 year degree. I don't think carpenters, roofers, or plumbers have bachelors degrees. Many of the businesses that hire those people are family owned, and hard to break into if you're not connected.
As for health care trades, well, employers might be willing to bear the cost of the training, if there was only one employer: The government.
The old guard of skilled welders who did the welding by hand are being replaced (and not happy about it) by young guys like him. My friend learned his job through a 3-year program at the local community college. His job involves a lot less of the tacit knowledge a skilled welder would have (judging the quality of a joint by feel) and a lot more theoretical knowledge of metallurgy. Instead of intuitive judgement, he relies on the methods of nondestructive (x-ray scanning) and destructive (cutting a test weld in half and inspecting it under an electron microscope) testing.
Companies that invested a lot in their employees paid less than companies that had no such expenses, so it became common to have a new hire, spend 3 years on trainings and leave for a better salary. This competition pressure made us adjust and move the training budget into salaries.
Why stay in the same place when you make more moving?
People don't like moving, it adds uncertainty. It is done because HR and management knows this and has taken advantage of it to not hand out raises.
It makes more economic sense to train your workers if people tend to stay with one company for a long time.
Tech employers usually offer reimbursement for online training, conferences, books, etc. That seems commonplace and enables business models of PluralSight and alike.
Some also bring outside consultants and training firms for in-house seminars, some pay for conference expenses, and some even reimburse tuition for a professional development course.
but when govt started handing out loans like candy, then of course the employer would rather the university train the person for them.
it moves the cost of training from the employer to the employee paying for their own training with debt
Notice how the high school graduation rate among 25-29 year-olds rose between 1940 and 1950. Those are people who graduated high school between 1929-1934 and 1939-1943. Before WWII.
This pre-WWII trend is consistent with the post-WWII trend, up until ~1978 when effectively "everyone" graduated high school. In other words, this has been happening since before WWII, and WWI had nowhere near the civilian mobilization as WWII, so the demobilized wives/children argument doesn't explain the inter-war increase.
As for college:
Notice how the number of 25-29 year-olds with college degrees rises dramatically between 1948 and 1951 and then slowly through about 1960. That's WWII vets using the GI bill to go to college (18-21 year-olds starting 1945 to 1948). Then the increase tapers off.
There's another significant rise between 1965 and 1978. That's boomers avoiding the Vietnam draft with college deferments. Then it levels off (actually, decreases) for 20 years until the late 90's.
The late 90's rise corresponds to the late-80's / early-90's push to throw student loans at anyone with a pulse.
Starting in 2008, the rate starts rising again: Young adults of all ages staying in or going back to finish college because the Great Recession killed a bunch of jobs. Plus, probably, some amount of people who started college around 2002 to avoid being drafted for Iraq (which didn't end up happening anyway).
This is an interesting angle. Do you think it is a mutually escalating war of trying to screw each other or maximize one's own gains that has resulted in a hostile relationship between employees and employers? What would mutual de-escalation look like?
Union representation on the board and broadly shared profit sharing as part of all employee compensation packages.
Get everyone rowing in the same direction.
my first job out of college was as a "financial analyst". my undergrad degree (finance) was largely not applicable - excel skills were about the only relevant experience. any 18 year old with a 2 month excel bootcamp and maybe 2 weeks of industry and department specific orientation could have done my job; meanwhile i was desperate and had no other offers so i took it making 50k per year with my shiny new 175k degree.
It is typical for grade-school teachers and advisors to discourage everyone but their least-performing students from considering those options.
Only 3 years for a pharmacist?
I think Germany is the exception here, not the US.
Much of the university requirement is a bit of an anachronism because a lot of the underlying reasoning is nominally based on the scenario of pharmacists manufacturing their own drugs in the backroom, but fortunately there seems to be a lot of political agreement that opening up requirements for theoretical efficiency gains would only enrich aggressive investors without making health noticeably cheaper.
Another part of it is that American college education has low upfront costs typically, due to the high supply of government loans and grants. This lets students access college with low short term financial burden and removes the immediacy of considering the cost benefit tradeoff. This is why we have tens of thousands of students graduating every year with degrees in fields with no economic value. There isn’t a clear incentive and feedback signal to tell students “get a degree in what society values” instead of “get a degree in your area of interest”. And then later when they’re unemployable or paid less than they’d like, they act confused as if the system is broken even though it was their choice to not study something that others value enough to pay for. That shows up in various political struggles 10-20 years later, as large quantities of those very same students now feel left behind.
Germany is different not only because of the availability of diverse education paths (like vocational programs), but due to its culture. The trades are respected in Germany. In the US that cultural value on trades has diminished. And now we are seeing many of those trades compensated heavily due to reduced supply.
But on the other hand, I am always very surprised to hear about “college dropouts” who make a living by working e.g. in a clothing store without any formal education. That seems to work.
I suspect that for the culture of study and work to change in America, we can't expect the current workers/students to change their views. It may only happen when a new generation no longer receives a constant push to attend college. If that's the case, then we'd see a change in college attendance and employer attitudes and employee attitudes 20 years in the future.
But as you said, lateral entrants might have a difficult time since there is a profession for everything. It is a transient education system though. Even if you only got the lowest kind of basic education, you can do an apprenticeship to get access to university or any higher education. Some people need some time to find motivation.
Receiving specialized clearances is both time-consuming and expensive, but the federal government happily covers the bills. The day after the clearance is issued the employee leaves the government job to return as a security contractor.
The government covers all the expenses, the contracting company pockets all the benefits.
I wasn't aware of that, thank you. This seems like an amazingly better way of doing things.
Germany is unique among European countries in having apprenticeships for nursing.
I'm from Italy, my parents were both nurses, they started in the middle 70s, they did apprenticeships while working directly at the Hospital (couple of major Hospitals in Rome).
They received a degree of professional nurse at the end of the three year course that has been made equivalent to the new three year University degree that is required now.
My view on the subject is that it was unnecessary.
My opinion is that in Italy there was a low number of graduates compared to other European countries, so we created this short term University courses to compensate for it that don't match the MD courses, not even closely, they are just the same old apprenticeships updated and rebranded.
In the US, it's 4 years of undergraduate college + 4 years of medical school + 3 years (minimum) of medical residency training.
In my native country in SE Asia, it's 5 years of medical school + 2 years of medical residency training + 1 year of remote posting (go to a remote area to work in order to get medical license). And the medical school is publicly funded, so it's pretty much free (you have to buy books yourself, of course, and pay a small amount for lab fees etc. for chemistry, anatomy labs).
To me, the system in the US is unnecessarily complicated/long and it not only burdens wanna-be doctors with debt (not to mention that because of the high cost, mostly the affluent/well-off kids--mostly the kids of doctors/lawyers/well-paid professionals--can now afford go to to medical school), but it helps them justify the $250K+/year salaries (part of the reason why the healthcare is expensive in the US) that they earn right after their residency programs.
You're wrong about the pharmacists (it's a study program almost as hard as medicine), and the fact that nurses are not an academic study in Germany is something that is often criticized.
And from my experience you do a fair amount of book learning too - so you can remind the "engineer" how ohms law goes :-)
I recall over hearing two specialist nurses discussing what their "first" degree was - this was in a transplant ward.
Three years sounds short back when I was doing my higher level apprenticeships in the uk it was 4 years and it was assumed that some if not all would have done a full craft aprticieship first.
Also bachelor's degrees get all the attention, but there' associates degrees, two-year degrees offered both by colleges and (very cheap) junior colleges. These include a lot of "less theoretical" stuff like dental hygienist or working with other kinds of specialized technology.
I'm in support of continuing education but I don't think it needs to be tied to jobs. People should continue learning and pursuing their interests for their whole lives.
If we want job training trade schools exist and do a great job.
[1] https://en.m.wikipedia.org/wiki/The_Case_Against_Education#:...
Engineering has a few extra math classes that weed out most of these types..
[1]Compare signing up for a college foreign language course with signing up for a foreign language course outside of college.
I suppose I will allow low-income subsidies, but I consider non-dischargeable federal debt to be less of a subsidy and more of a "sure we'll help, but you better keep paying every f'ing month, or we'll make your life challenging, and we'll still get our money when you die," and less of a "here's some free government money with no strings attached."
It's also an excellent way to "print" money and ensure a steady cash-flow.
I guess it depends on which narrative makes you sleep at night with your worldview.
Having said that I do believe undergraduate education should be available to everyone. As automation continues to improve there is less and less need for labor. Why not reduce the supply a bit and get more educated citizens out of the deal?
If we say an undergraduate education is not worth taxpayer dollars then the real question seems to be "how much education is enough?" If 16 years is too much how do we know 12 is the right amount? The question leaves open the possibility that 8 years is just as good.
Clearly some amount of taxpayer funded education is beneficial. It seems natural to me that the ideal amount of education will continue to increase as we learn more as a species.
Compare to other cultural institutions, like religion. When religion receded, it wasn't "unbundled." It just receded. The belief in God, the community ties, the source of leadership, the welfarism, moral support, etc.
Same for tribes, villages.
There was a Louise Theroux line about Scientology. Dissident scientologists tried to continue the practices, without the totalitarian cult stuff. It didn't work. All that was left was some squishy, gimmicky, self help stuff that people quickly drifted out of.
That said, change is coming. College is no longer a very good way of being educated, and in the US, the price is crazy high.
What still locks college I to place is that it works for the upper classes, and for the high achievers. They pay less, get more and have the most cultural influence.
Yep. And you can replace college with a lot of things in that statement and aptly describe why I have nope hope for anything anymore.
The chasm that has grown between that fantasy and what the economy demands has been massive in the past few decades and the university system only increased it with political red tape.
I certainly agree that a layer that connects businesses with potential is the right shape. Something closer to the “apprentice” structure of before.
We have a lot of those short type of programs in my city in Canada, but employers generally seem to treat them as where you end up if you couldn't get a real degree. There is no signal and thus it is often hard to use it to get a job.
To add to the parent's point, one doesn't need to go to college to have an equally valuable "life-redefining experience". You'll hear similar stories and nostalgia from others who went to trade school. the military, mission, Peace Corps, or even just going straight to work. The "life-redefining" experience has more to do with being 20-ish than with being in college.
Drop the word "early" and I agree 100%.
I think there are a lot of other models that could work if degree status gets separated from it’s theoretical purpose of education.
Why are all degrees for years? Why do all degrees cost the same?
A lot of the existing model doesn’t make much sense.
>Colleges also have a lot of issues around cost. They haven't been good at tracking their costs or really knowing what their programs cost. For example, a lot of colleges don't know what it costs them to graduate a nursing major, versus an English major, versus a business major. And that's in part because the college business model is so complicated. https://www.npr.org/2020/09/16/913500758/as-campuses-become-...
Not only is there less incentive to control costs, but there's a perverse incentive to build stadiums, fancy student dorms, and other things to persuade new students to choose your school over another. Since that student is taking out loans without really evaluating their costs prices get driven up. The student gets left holding the bag eventually.
I understand the intent behind these loans is opportunity - making it so students that would otherwise be rejected for a loan from a bank can get one, but the negative knock on effects are severe. I think ISAs (structured like Lambda's that are very student friendly) align incentives between the school and the student while also giving all students opportunity.
There's also the issue that universities are primarily selling status with some education on the side (particularly true for fluffier majors that are almost entirely status). That's a harder cultural problem to fix.
Software is a good place to get a foothold though since if lambda school can actually deliver students that can write code and pass interview questions they can build out a referral network. Since universities are generally pretty bad at actually teaching students how to write code and pass interview questions there's a good opportunity here.
Time will tell.
A better future would be free education. Get knowledge and experience without the financial burden. College is more than studying. It's also about making friends, connections and getting to know yourself.
If this is how we come to view "higher education," we should be careful because that's not the ideal that gave birth to the university in the form that we recognize it. And so it's not clear to me whether universities as we recognize them will continue to exist if we continue to view them as a jobs programs.
What else would it be for the vast majority of people? You're investing thousands of dollars (either directly, or through opportunity cost) and huge chunk of time. If you can't make back that investment, then it just isn't worth for most people. The number of people that could make a living from pure research is always going to be miniscule. The number of people that could justify the expense (or opportunity cost) to just learn something for pleasure, is miniscule.
> that's not the ideal that gave birth to the university in the form that we recognize it
Right. Because originally universities were for the ruling and religious class that could justify the expense of education for its own sake. In modern world, many more people could make that calculation too, but lots of people could not justify the expense ... especially if you put this in these kinds of stark terms.
>And so it's not clear to me whether universities as we recognize them will continue to exist if we continue to view them as a jobs programs.
They could not. And that's a good thing. Humanities are a mess just for the reason that they take tuition and time from students and leave them hanging out to dray, after they graduate with no direct job prospects (i.e. a way to make a living).
You describe the function of the current system, it's not an inevitability. There's massive wealth in the US, and it could absolutely subsidize a different kind of education which is intended to produce an educated and informed citizenry. It's telling that this is not a priority. (One could also imagine a hypothetical culture that does not prioritize earnings so highly, and could value other attributes of service or community more highly than earning high incomes, but let's not get too crazy here...)
In reality, and sadly, higher ed is a series of moats. At the highest tier, the expensive schools protect the oligarchy by keeping their children in different social spheres than the rest of the population. At the level of state schools, it's a zero sum game that people feel forced to enter because their ability to make a living is otherwise severely impaired.
There is still a stark difference between someone who has the expectation that: "college will get me a job" and "college will give me the education I need to be successful". And that difference is not whether or not someone is employable.
There are many activities that universities facilitate, which are of upmost importance to society, but are not vocationally important. These activities should not be undermined. If you want a vocational education, you really should be attending an institution with that goal.
The vast majority of people leverage their liberal arts education in furtherance of not only their career, but their quality of life in general. Narrowing that scope is a regression, not an improvement.
If vocational schools aren’t offering the types of educations that job seekers are looking for, that’s a a failure of our vocational schools, not a failure of our universities.
I'm agnostic about the value of this: on the one hand, we need informed citizenry who can dissect media and think critically. On the other hand, we need practical skills and we don't need a massively indebted younger generation.
The DIRE push for undergraduate education in many K-12 schools has probably undervalued solid vocational training. What does it say that I'm now into woodworking and making things, but in my entire 22 year education, no one ever showed me how to use a single power tool.
In the 1970s one could earn ~$2.75/hr as an entry level employee at a union job in a factory (~$20/hr today). UVA instate tuition and fees were only $484/yr, meaning that over a summer a student could earn ~2 years worth of tuition and fees.
At the time, spending the opportunity cost also opened doors just from having done it - substantially lowering the risk.
I disagree with that. Most people who enter college in "soft sciences" or "humanities" these days understand very well that it's a risky investment that will probably not get them rich, or not even get a job. Still they enroll into it, because the knowledge and understanding they seek, the relationship they want to build with the world, is not tied to the brand of their car or the size of their house.
> They could not. And that's a good thing. Humanities are a mess just for the reason that they take tuition and time from students and leave them hanging out to dray, after they graduate with no direct job prospects (i.e. a way to make a living).
Why is that a good thing? Just because the humanities don't funnel into jobs the way STEM does doesn't mean that they should cease to exist. Every book you've read, movie you've watched, song you've listened to, play you've seen, etc. has been a direct result of our journey through the humanities, and I'm positive nobody thinks those forms of entertainment should just "cease to exist". It's the same thing for countless other fields of study universities offer. The problem is not that these fields don't have the ROI of STEM, it's that the cost of education is way too fucking high.
When you make this argument for college, it seems reasonable to also ask “is grade 12 the ideal point at which this fitness function is optimized for most?” Maybe it should be after grade 14. Maybe it should be after grade 10.
Its supposed to be to attain an education, but judging from the communication capabilities of many college graduates education was clearly not the top priority.
> Humanities are a mess just for the reason that they take tuition and time from students and leave them hanging out to dray, after they graduate with no direct job prospects (i.e. a way to make a living).
If you wanted job prospects you would instead focus upon a professional license, which is not education. In addition to better job prospects it's also cheaper and substantially less time consuming to attain.
That doesn't sound right to me. That may have been partly true, but education was also just necessary training because the jobs demanded literacy and other specialized training.
It seems like this is a rumor that refuses to die. Humanities majors do just fine.
According to a 2018 ACS survey,[0] humanities majors are looking at 2.13% unemployment, which is comparable to other fields. The same survey shows that people who majored in the humanities earn comparable salaries to their peers in other disciplines.[1]
A 2014 study in Forbes found that humanities majors go on to earn even more than their peers in other disciplines as they all advance on their chosen career paths.[2]
I'm curious why the image of the deadbeat humanist persists, especially in an era where we need people who have been trained to look at potentially misleading information, identify why it is misleading, and point us towards better sources. Rampant misinformation in this social media age has shown us that "the facts" are much more slippery than anyone would like, and we need people who have been trained in the subjective arts of parsing contradictory information and -- even more importantly -- justifying their interpretation to others.
[0]: https://docs.google.com/spreadsheets/d/1ld4Ki99C_0WFUcyBXyix...
[1]: https://docs.google.com/spreadsheets/d/1ld4Ki99C_0WFUcyBXyix...
[2]: https://www.forbes.com/sites/jeffreydorfman/2014/11/20/surpr...
The vast majority of people need to work for a living and need practical skills that others are willing to pay them for. The idea that the university should exist for "learning for the sake of learning", and the idea that "everyone should go to college" is incompatible. You can have one, you can have the other, you can't realistically have both.
If you want to learn for the sake of learning (I know I do), there's never been a better time to do it. The average person with a $200 laptop and an internet connection has access to more and better information than a Harvard graduate student did 50 years ago. We need to rid ourselves of the notion that college == education and that education == college. At this point a college degree is mainly just proof that you are diligent and were able to follow directions for four years while meeting deadlines.
Spending $100,000 to boost your income by $20,000 per year for life is a very simple argument.
On the other hand, to argue a manual labourer with a $100,000 philosophy degree that didn't boost their income at all had nonetheless made a good investment requires much more complex arguments about the nature of human happiness and the inherent value of knowledge to the individual and society. Which in turn leads to a wealth of follow-on questions which can't be answered with any finality.
Luckily (unluckily) the decision is easier because to buy a house at 30, you likely need the degree too, so the question is flipped.
As such they do better financially than other humanities majors:
https://www.theatlantic.com/notes/2015/09/philosophy-majors-...
So in a sense, they were always jobs programs. If today they seem secular, it's because society was able to reshape the institution over time. For example, the Morril Act, which established the land grant universities, made it's utilitarian purpose explicit:
> without excluding other scientific and classical studies and including military tactic, to teach such branches of learning as are related to agriculture and the mechanic arts, in such manner as the legislatures of the States may respectively prescribe, in order to promote the liberal and practical education of the industrial classes in the several pursuits and professions in life.
But it's not clear to me that universities _should_ exist as we commonly imagine them. Why are the worlds top researchers presumed to be the worlds top educators, when we have all the evidence in the world they are not and generally believe being recognized as a good educator is a career curse? And even if they were at least good at the job of educating, why are there 100+ courses independently designed without meaningful comparison?
There was an ugly truth even to the ideal that it allowed scions of rich families to network - so even when it was a jobs program in neither practise nor theory it upped one's chances of success later in life dramatically.
Once that game was known, the attendant success became desired and colleges were flooded with applicants. Colleges optimised for large numbers of undergraduates motivated by socioeconomic mobility, their marketing efforts and staffing levels are optimised for that reality.
I'm not sure when you encountered universities, but I was never aware of them being marketed as anything but jobs programs, and I'm closer to an X'er than a Zoomer.
The vast, vast majority of high school graduates aren't going to be professional athletes. But everyone (I hope) understands that we don't have PE in schools just so that schools can supply professional sports leagues with athletes. We have it because it helps people live better lives, even if it doesn't prepare them for a job.
True but originally it was just a small subset of people that went to university.
I get it when people say this, but at the same time, I don't. Why are you basing the effectiveness of the institution in modern times on what it was designed for half a millennia ago? The world has changed since universities were introduced. Do you do the same thing with other institutions that were around at the same time? Do you talk about how marriage customs were different in the middle ages and what we call marriage now is not originally in the spirit of marriage the way it was practiced in the middle ages? Do you talk about how the catholic church was run in the middle ages and how organized religion is different now, and how we should consider what religion was used for centuries ago? Why are universities some special exception that get to be downright reactionary and not move forward with the times?
The salespeople: College is a way to get a high paying job.
The professors: College is about exploring academic subjects.
The students: College is a rite of passage to be part of the upper-middle-class.
IMO, the only way to fix the system is to be stricter about who gets into college, and more lenient about who's hired for professional jobs. Also, we need more trade schools.
Sure, this country with that thinking might be able to attract the best talent from other countries to innovate and do research, but politically it might not be wise to always count on it.
When a populous has the mindset of dismissing universities and education to just get a job, then don’t be surprised when they fail to keep up with the latest advances in AI and science.
The shift to the right coincides with a decades long attack on academia and intellectualism. Change incentives, allow the structures to corrode and the weight to shift and the bridge will come down on its own.
If one is only outcome based and based on simple linear line of sight, we will never make the discoveries. But if that statement is outcome based, we should be settings these minds free to discover everything they can, not just STEM advancements.
If the financial investment in university doesn't provide social mobility, if it's a nebulous "preparation for citizenship," then you're essentially asserting, by default, that people who are blind to the financial ROI of university are better citizens.
We've lost those as ideals. Instead, we interpret all the liberal arts through racialist-socialist lens, and find they required us to adopt norms outside ourselves.
The ideal we do hold together is hating authority and norms outside ourselves -- whether that's racial, religious, political, sexual, biological, musical, literary, fashion, filmmaking, etc. Just Do It. Have It Your Way. Think different.
So, the jobs part is the part we hold in common. The ideals dispute is leading to violent protests in the streets.
So many factors are leading to increased number of undergraduate degrees... not limited to degree mills, grade inflation, standardized testing, and availability of virtually everything in undergrad curriculum available for "reference" online. This simultaneously increases the number of undergraduate degrees while decreasing the average quality. Institutions that rely on the formerly strong "has a degree" signal are finding that the signal is weakening. Undergraduates now failing to signal are somewhat forced to pursue more education.
I see the same thing happening with masters degrees. Universities seem to increasingly offer combined BS and MS programs. I don't believe strong MS students are formed by tacking on just an extra year to a BS program.
Finally, another observation on STEM fields: due to the funding situation and glut of PhD's it appears to be incredibly difficult to build a solid STEM career without a PhD. Undergrads in certain STEM areas try to leave university only to find out that they actually need more credentials to meaningfully work in the field they just spent 4 years studying for.
PhDs seem to me to be for quantifiable knowledge. They imbue highly specialised skills and imply a huge understanding of technical literature. But they structurally can't imbue skills that are nebulous. They can only teach things that are either consensus, or easy to evaluate academically.
A Ph.D requires independent creation of new knowledge, and being able to go deep in a field. That's neither consensus, nor easy to evaluate academically. It's far more nebulous than most industry work. In many cases, they also require deep algorithmic and mathematical maturity.
A freshly-brewed Ph.D isn't going to be an expert in the mechanics of software engineering (e.g. setting up CI/CD, microservices, etc.), but will outclass most people with BS degrees in other areas. 5-10 years down-the-line, they will pick up the applied skills, while the BS won't pick up the theoretical skills.
Ph.D is also a signalling mechanisms: They were admitted, and they finished.
I'm not arguing for or against Ph.Ds, but your stereotypes seem grounded in, well, nothing. Ph.Ds have their problems, but those ain't them.
I don't mean this in a superficial sense, I mean: there's no way for a PhD to be certified for investigating the kind of knowledge that's difficult to verify in that context. They can investigate it, but the system is only allowed to give them a qualification for academically verifiable results. It cannot verify esoteric knowledge (unless it can use consensus as a proxy).
Sure, they'll pick that stuff up with experience. We might be talking past each other. I read it as: they're hiring graduates. That might not be what OP meant.
In Europe it is far more common to have 1.5-2 year masters degrees (half a year saved by overloading) followed by a 3-4 year PhD. It is almost a universal truth that a PhD shouldn't take less than 3 years unless there are exceptional circumstances.
I honestly can't believe any credible university is turning bachelor degree students into doctors within 3 years. Would love to see an example.
I don't know any three year examples. I'm sure there are PhD degree mill spots that'll give you the degree in a couple of years if you pay enough.
Bachelors are the new high school diploma, cause “everyone” has a diploma
Masters are the new Bachelors, cause you need one to live a comfortable lifestyle
PhDs are the new Masters, to stand out amongst the rest
Of course, I don’t agree with some of that statement, but it does hold some truths.
If someone said "I have a high school diploma" to you, what could you reasonably infer about their skills and abilities? Next to nothing.
If economy was good, employers would have to be less picky, leading to people more likely to decide they dont need to compete over signaling.
Prominently a lack of the factory production kind of work, I'd say.
So you keep people in school system(s) as long as possible. For people who would previously have gone to a factory after leaving school at age 16 or 18, you now keep them and give them a high-school+2y or +3y degree (it is free), and you release them only at 21-22 years old, they will be some random clerk performing some random procedure in some random client service or administration.
1. While they're in schools, they don't grow the unemployed figures.
2. Degrees guarantee a better chance for employment, they say. It is a stupid fallacy because it is only a comparative advantage, and when everyone gets one, even the advantage is gone.
So now, in France, by widening and easying them, we reached 95% of "success" for high-school degrees (which also grant access for universities). Also, high-school has become the almost unique way, so overall 80% of all kids get one of the high-school degrees every year. So, technically speaking, it means we're giving the high-school degree to a few light morons (or whatever it is called these days).
Cherry on the cake, they now finish high-school without having repeated any year (now, you can sleep your way through your whole primary/middle/high school career without repeating, no matter how little you do and you know, as long as you are not an exceptional PITA), so they are even less mature, which is another problem for practical and technical paths.
One big issue is that all those people at different levels think that they are valuable because they got a degree of some level. Except the degrees are valueless, and they are plenty of these people being given licences or master degrees. So there is a huge gap between what they think they will get (status and salary-wise)and what they will actually get.
----
There is however a big difference between France and a lot of other countries: in France, good pupils do not go to University ; after high-school the top 5% (perhaps up to 10% now) goes on a path to Engineering schools (and similar paths for humanities) through competitive exams. One major consequence is that, opposite to most countries, the PhD does not represent the "elite" here. Of course there are gateways going one way or the other between the two systems, but still, the paths are pretty separated (and the gateways are mostly used to allow a few good ones from University that were missed earlier, to join Engineering schools after 2 and 4 years of University) and University/PhD is not considered the royal path. Actually, 40 % of PhDs are delivered to foreigners.
And then you have people like this (https://blog.alinelerner.com/how-different-is-a-b-s-in-compu...) saying that a Masters degree is an indicator of incompetence...
Now, there's nothing wrong with doing a CS masters to make a career change, but these masters indeed tend to have lighter curriculum than the undergrad version of a CS diploma.
As for requiring PhDs - I have built my career without a CS degree at all. But I've worked with a lot of PhDs, and I think the signaling ratio they offer isn't any better than undergraduate degrees, I've worked with too many semi-competent, lazy PhDs to let them hold much weight with me.
Some of the best people I've worked with were those who dropped out of their PhD programs; it seems these people didn't care for the academic publishing circus, but were passionate about the work. But again, it's a poor signal.
The best signals are work experience and references - which doesn't help much for entry-level positions. But it does lend credence to programs that incorporate co-ops and other work-like experience.
My company is headquartered in Cambridge, MA, but the main campus is now in Norwood, MA (30 min outside Boston). There are more jobs than you'd expect within 1h rail commute of cheap housing. If you're about to graduate with a BS in biochem, chem eng, or mol. bio, drop me a line. I would love to help you discuss your career!
The Boston area has among the most restrictive zoning regimes in the country and that's consistently driven up the cost of housing: https://www.bloomberg.com/news/articles/2019-06-19/how-to-bl...
The cost of housing is driving up the cost of salaries. Until Boston/Cambridge/Somerville and so forth build more housing, housing is going to remain very expensive relative to locations that have legalized the building of housing.
Like, from what I can tell, most BSc graduates... suck. They're not able to program professionally, they damage your codebase. The credential just isn't a signal of adequate ability. Any hiring managers able to chip in here?
There's a possibility the programmer who did the masters was simply unable to get a job after his BSc.
>Like, from what I can tell, most BSc graduates... suck. They're not able to program professionally, they damage your codebase. The credential just isn't a signal of adequate ability. Any hiring managers able to chip in here?
You can't expect college hires to be productive on day one. There's a learning curve between programming in college and programming professionally. If you want guys that have already completed this learning curve, you need to hire them with a few years of experience.
But keep in mind that right after college is the only time where almost everyone will be on the job market at the same time. After that, some of the best engineers simply disappear. FAANGs hire them and they basically never actively look for a job after that. [0]
>There's a possibility the programmer who did the masters was simply unable to get a job after his BSc.
Yeah, that would skew the data completely. Especially if you don't stratify by institution.
>You can't expect college hires to be productive on day one.
To be clear, I don't disagree with this, I'm just looking at it from the persective of employers. Why hire them if you need to retain them for a year or two before they're worth the salary? You need to pump money into them that whole time? Just hire people with experience to begin with.
But like, that's also where this debate normally goes and I think it's the less important point: the bigger issue is the credential is not preparing graduates properly. People should be angry about that, and demand it changes. They should be told that up front, before they purchase.
>the best engineers simply disappear. FAANGs hire them and they basically never actively look for a job after that
This is interesting. I hadn't thought about it in these terms.
Everyone tries. That's why you see entry level positions with 2-3 years experience requirements and entry level pay. Of course, these stay empty for years since nobody bites!
To get someone with experience in a reasonable amount of time takes money. Also, keep in mind that the engineers with 2 years of experience might be looking for an other job because of performance issues at their current one. Those who are learning fast and getting promoted aren't looking around.
>the bigger issue is the credential is not preparing graduates properly
The most important skill is really how fast someone can learn. I've always said it's harder to learn CS fundamentals than the tools and practical aspect of software. Someone who is comfortable with graphs and trees should be able to figure out git pretty fast. Someone who rote learned git commands and knows one workflow might not be able to figure out graphs that easily.
>This is interesting. I hadn't thought about it in these terms.
It's actually worse than that. With internships some engineers are off the market a few years before they even graduate. And then accept a full time offer with a 4 years vesting schedule that makes it incredibly hard to poach them.
Mentoring is important and finding the people in your org that enjoy doing that and are good at it is the challenge. I’ve also found as a manager you need to find some quick wins for the new professional. Low risk things that get them experience with you services and systems.
Here is what I find most difficult for new devs in the workforce: understanding what the business does. Going beyond the technical abstractions and understanding the nuance of the business. Our best devs are in lockstep with the business side of things. They know how to translate business requirements into technical requirements. And they understand at a higher level how the business functions.
(Not meaning to be rude, just that they're already going to be way above average.)
The only winning move is not to play. See what's best for you and don't worry about the alleged perks of a "better university" so much (especially not so much as to get into crippling debt)
Universities want your money but it's not educational quality that's bringing students, it's the fluff, the facilities and the "connections". Meanwhile some janitors are making more than some faculty members.
And you can definitely build a stem career without a PhD, don't buy into the hype
For the last couple of decades the industry has been in a debt-fueled frenzy of higher executive pay and shinier facilities. The debt has been incurred not by the service providers but by their customers.
People graduate with good preparation to be a schoolteacher, health-care worker, librarian, social worker. That's great. They graduate with many tens of thousands of dollars of debt. That cripples them and messes up their lives.
The so-called reform of the bankruptcy system in 2005 made it hard for graduates to declare bankruptcy. That shifted the risk from the lenders to the graduates.
There was a time when student-loan officers would call university executives and say "Jack here wants to borrow $70,000 to pay your tuition so he can be a schoolteacher. Are you serious? We both know that's far too much debt for the pay he expects. We'll loan him $30K, and you better come up with the rest in grants or lower tuition." Those conversations kept a lid on education prices.
But that doesn't happen any more. Education lenders are dangerous predators and students are their lawful prey. No wonder would-be students are refusing to play the game.
Which is the US government, who will rubber stamp any loan amount as long as a college is getting the money. Which is eventually the US voters’, who love to vote for the politicians who cut taxes, who can do so by reducing the amount government contributes to the the colleges.
Politician that cuts spending on education and increases lending to students is hailed for cutting taxes and assisting students in obtaining education. This is the end result after decades of gutting society.
It's good to clarify which lenders you're referring to when you say "Education lenders are dangerous predators". Do you think that the Federal government is enabling private lenders by guaranteeing their loans?
No, they don't. A rider to the ACA removed government subsidies of private loans. The federal government is now solely an issuer (though I believe their portfolio still includes some loans that were originally private but later bought out by the government).
Seems like you're talking about government subsidies. I was talking about government loan guarantees.
Universities see the writing on the wall: that state money is dwindling and therefore more financial burden needs to be placed on students. I agree with your main points, though.
0: https://www.marketwatch.com/story/state-colleges-receive-the...
I really don’t see what all the fuss is about.
https://en.m.wikipedia.org/wiki/The_Case_Against_Education#:...
Maybe I’m a bit of an outlier, but I still watch lecture series on YouTube long after graduating college and didn’t really have time to audit courses alongside my other courses in college.
The problem is there are so many people with degrees, and there's a vague but established pecking order of universities. People still would rather hire someone from a top uni, especially in the Anglosphere. For most things that aren't dev work it's like the old IBM quote, you won't get fired for hiring the Harvard grad.
For not-top unis that teach you the same stuff, I think they're gonna be in trouble. The mini-mill has already been built, and there's a huge gap in price that will only make it more attractive to just do a degree online.
Even looking at my own education, it could have been done a lot faster. In terms of time it added up to 96 weeks of class time. At the time you needed professors meaning it had to be spread over 4 years, so you got a bit of socialising as well, but it's have loved to just do a massive intense 2 year course and be done with it. Fact is you socialise better at work: you'll have more varied people and a bit of cash to pay for stuff.
It might just be my university, but to me that reads like a joke. The last semester has been utterly useless to me. I might as well have taught myself (actually, I mostly did.)
You are always self-taught. That's the only way to actually learn . University only does three things
1) pacing and structure ,
2) grouping you with other similar level peers you learn along with
3) giving access to experts who can help when stuck in a complex topic.
Some people don't need a lot of this , some do. Most attend to get a job after graduation not because they may or may not need assistance to learn.
There is a pedagogical and psychological question of how much one learns from reading books on ones own, at one's owns pace and reading order - and how much one learns from lecture, from speaking to the professor before, during and after class and during office hours, and from working with and talking with other students taking these classes. Plus access to the library, the computer network and different servers, computer rooms, internships, student computer club meetings and open talks etc. Plus the usual of making friends, growing as a person, having access to a nice gym and swimming pool etc.
Does the unguided student even know what to study? I took graph theory for a semester and wondered why it was a prerequisite until my data structures course where I dealt with trees, graphs etc. How many people without a Bachelors in Computer Science can explain the difference between O(n) and O(log n), other than maybe they know O(log n) is faster? Yes, having a BSCS doesn't guarantee you can, but I rarely meet people without a BSCS who have any kind of theoretical basis in computer science. Maybe they went to a bootcamp for a few weeks/months and can code CRUD apps in Javascript.
I can go on...I took a writing class from a very good teacher. Although this would probably fall off the path of any focus on STEM, it improved my writing skill. Reading e-mails, instant messages, documentation, code review comments, code comments, architecture plans, presentations etc., I think a lot of people can do with a good course in writing, and it would help more IT projects get on track if people knew how to write and communicate clearly. It is not something on the clear path of STEM, but in a sense it is, and is just another thing college helps at. It can refine people in a way that helps them go on to professional work.
Very much depends on the subject. And sure you could've always learned via books, but if you go that route you will be spending a big multiple of the time to gain the core knowledge than you would have at university, because as a non-subject matter expert, you can't judge yet what's going to be important or not.
It might work well for computer science, as that's more or less a subject native to the internet, but for most other subjects there is basically nothing there. I'm currently studying biochemistry as an undergrad, and for every course beyond the second semester, there are barely any resources available. I wouldn't even dare and dream of a full open source(/access) curriculum like they exist for CS.
However, if online learning could be paired with effective online tutoring, than I think you are absolutely right.
The amount of learning that happened outside of classes, during labs with my peers, was on par with lecture halls if not more. I've seen side projects, discussed random technologies, even startup MVPs on Campus. That will be hard to replicate going fully remote.
Every student, or friend of mine, that I've talked to in China, Korea and Taiwan have told me they aren't applying to US universities for any number of reasons:
1) Too expensive 2) Crime / Danger ( debatable here, but the school shootings in the past few years hasn't helped ) 3) Racism
Out of the three, fear of racism was the least mentioned. The biggest reason was cost. Crime fear of major crime was also mentioned in most conversations I've had.
In the past I've always tried to downplay the danger / gun violence, but nowadays I don't even bother. Unless they want to go to MIT or Harvard, I really don't think there's much value in the 4-year degree in the US when you consider the cost ( and international students almost always pay more unless they get scholarships ).
How is this debatable? The US is likely more dangerous than any comparable European country. Not just shootings but crime across the board.
Lambda is pioneering an ISA that only gets repaid if you find work in your field.
Let the schools fail that graduate burger flippers and retail sales clerks with $50k in debt. Nothing wrong with those jobs if you need work but you shouldn’t have a system setup to saddle young people with $50k in debt to do that kind of work.
They also engage in puffery misrepresenting mixed-to-bad student outcomes.[3]
I know Austen Allred can only fall up into more money, but my read on Lambda by this point is that it is a predatory institution.
[1] https://www.theverge.com/2020/2/12/21135134/lambda-school-st...
[2] https://news.ycombinator.com/item?id=22313474
[3] https://nymag.com/intelligencer/2020/02/lambda-schools-job-p...
Second, Lambda’s level of instruction in the software tracks is abysmal. I’ve witnessed someone in my household go through Lambda. Day after day she struggled to stay on top of a constantly shifting and poorly organized curriculum. It was taught by an incredibly inconsistent and constantly rotating cast of instructors.
The only thing Lambda did provide with some consistency is structure & discipline. There are certainly people who won’t study anything on their own outside of an externally imposed framework that provides a daily cadence of learning as well as regular milestones. In this sense Lambda is a calendar priced like a mid-size family sedan.
Third, Lambda’s career guidance and job placement assistance - both of which are advertised as part of the package - are simply laughable. It consists mainly of asking newly hired alumni to post their job offers in a highly visible Slack channel. This is meant to encourage participants to look for jobs “because surely you can do it if those other people can”. Otherwise Lambda doesn’t do anything to help one polish their resume or find jobs through networking.
Last but not least, the ISA’s monthly payment is calculated based on gross pay before taxes are netted out. When viewed through this lens, the payment is a lot steeper than originally advertised. Buyer beware.
I disagree with your analysis of the incentives here. The price people pay for tomorrow's securitized ISAs depends heavily on how well today's ISAs pay off. It's a delay in the feedback loop, but it isn't broken.
That being said, this incentive alone is likely weaker than the prevailing incentives in for-profit education, which seem to encourage saving a buck wherever possible and over-promising, under-delivering.
It's no better than some diploma mills but any state school with half a decent curriculum sounds better than this.
[0] https://nymag.com/intelligencer/2020/02/lambda-schools-job-p...
Any job that requires creativity for large parts of it, cannot be learned in 6 months. The human brain requires a couple of years to play with various projects, to reflect on them, to digest lessons before you start getting mastery over the job.
It’s essentially a luxury service in many ways without the ability to provide the luxury.
Bachelor's degrees are not significantly changed, post-bac programs are up 20% or more, and master's programs are up as well. This suggests that students with money are seeking more schooling and more expensive schooling, not less. It's the poor people who get two-year degrees who are dropping out.
But I agree with your point generally, this probably has nothing to do with a backlash against college itself, and instead seems to be something more specific to "college-adjacent" degree programs.
At face value, you're right--but shouldn't we focus on building places people (young and old) can feel a sense of community beyond just college?
For the other 85% of Americans, getting a job with an investment that doesn't put you into debt is super important.
Yeah, the thing that it is expensive and simultaneously all too often primary referred to as "social experience" is issue. Because people don't want to pay that much money for social experience. Experience of being away from home, frankly, is absolutely not worth that much money. It just does not give that value. If you ever leave town, there is gonna be time when you are away first time. And if you dont leave town, well then you dont.
Non college educated students, which is the majority of population actually, somehow so without expensive social experience. So I think that college educated minority should seek more and colleges themselves should provide more to be worth the price.
There are far too many degree programs with dismal graduate employment rates in their field of study. It pains me to think of the many who are shouldering student loan debt for degrees that are barely employable.
Time will tell if this is a real problem or just a blip, but I think it may be too soon to raise the alarm of a socioeconomic shift during a pandemic.
However, if you are unemployed right now, you want to avoid becoming long term unemployed. Therefore you go and get a graduate degree.
1: My 18-year-old nephew decided to attend classes online. No sense paying for room and board if he can't do anything fun while he's there.
2: My neighbor's son decided to delay his senior year. No sense paying full tuition if he can't be there in person.
[0] https://www.profgalloway.com/higher-ed-enough-already (and other articles)
I actually think less people enrolling in college as it currently exists is a good thing but in the sense above it has the potential to have very damaging side effects (I'm not arguing we should continue the lending just because getting rid of it will cause some pain though)
A skill tree map like in Path of Exile for education would be a major step forward, but small steps first...
Anyone have thoughts on why this might be happening?
All the party schools with questionable degree value must also be hurting