Get Out While You Can
insidehighered.com
insidehighered.com
Tenured professors at research universities are 90% there to do research, not to teach. I don't think they're replaceable in that way.
A degree is necessary to be an accountant, a lawyer, a doctor, or an (non-computing) engineer. But that's a small slice of the overall workforce.
And sure, especially in the Fortune 1000, companies strongly consider degrees even outside the professions. But I guarantee you that success in (say) sales has almost nothing to do with the degree (or lack thereof) you start with, and management of sales teams has everything to do with prior sales success.
There is a bubble in Silicon Valley, but it's not an economic one...
There are lots of ways into "real" jobs without a degree if you're smart and you find the right path into the career you want (obviously this does not work for professions with licensing bodies).
Sales may be an exception here -- though I would hazard a guess that to sell software for IBM to governments and businesses, my above comment would apply. To sell real estate, though, nobody really cares (same for cars, etc).
Note that you don't have to go to a particularly good school -- it is government service, after all.
I think a similar thing is true -- I would be interested in knowing how many people at supervisor or above at, say, Netflix (or an oil company) don't have a degree? I don't know... hopefully other people can share anecdotal evidence ;)
Stipulating the fact that jobs are just statistically going to be filled by people who automatically got degrees, I don't think it's a stretch (or a cheap shot) to suggest that the relationship between jobs and school is tenuous.
Moreover, given the fact that white collar jobs in large companies tend to be managed conservatively, and the fact that people without degrees are outliers (because almost every applicant for any job went to college by default), some of the "credentialing effect" of a degree is actually just an observational bias.
† Note also the preponderance of college attendees who attain degrees that are almost objectively without credentialing merit, such as the liberal arts.††
†† "Without credentialing merit" being intended as an objective statement and not as an argument that people shouldn't get liberal arts degrees; I think most degrees are without credentialing merit.
You say college has no causal effect, I say college has a causal effect (granting that we aren't talking about credentialing degrees, blah, blah).
The best you have done is destroy my argument in favor of causation; however, this doesn't imply that you are correct for NO causation, just that my argument doesn't work (maybe correct). To prove no causation you would have to evaluate all possible arguments for it, and show them all to be wrong. (good luck)
However, I do have partial evidence for causality based on the association between college and white collar jobs. I am basing this on the "warrant" that P(causation| association) >= P(causation) -- if there is association, the likelihood of causation is higher or the same.
So how about this: neither of us can say for sure whether college helps, but I have a little bit of faulty evidence and you have no evidence whatsoever.
We are in the same situation as most social scientists -- the evidence for anything really sucks, and is nowhere like the evidence for hard science propositions. However, very important policy decisions have to be made based on this faulty evidence. What most people do is pretend be sure and so guarantee they act foolishly.
Umm, wrong. I am arguing with the "minimal value of a degree as a credential outside the Professions". I have made that clear, by statements to the effect of "granting the professions are a different case."
I am saying -- I have limited evidence for causality in the effect of a degree (outside the professions), and you have no evidence for the absence of causality .
It's all good though...
Ok? Stipulated? Now what?
So ... retract your argument that college has no credentialling value in getting a white collar job (outside of the professions) ;) You have no evidence.
(Heuristically, I have evidence, but it is poor. But poor is better than none.)
My evidence, to be fair, is the graphs I have vaguely seen associating educational outcomes with salary and "higher" job classifications.
Not much directly. Even in engineering, entry-level work is usually scutwork, so they probably won't get the chance to break anything important.
But hiring a flake can cause a lot of damage indirectly. If they lose an important document or attach the wrong appendix to the marketing proposal, you could lose a lot of money.
So if you're a big company with complicated procedures and a lot to lose -- what if that lost document is important because of a lawsuit? -- hiring dependable people trumps almost everything else. Bachelor's degrees are a great way to certify that someone can show up on time, follow directions, meet deadlines, and pay attention to one thing for four years at a time.
People make this observation all the time, but I'm guessing that even the most diligent students who make it showed up late to class often enough that they'd have gotten disciplined had class been a real job.
Long story short, these are the educators of the future. They aren't afraid technology and have evolved their teaching styles to mesh with it well. And younger teachers who are rising through the ranks now will be even more tech-savvy and progressive in mindset.
I'm pretty sure James Miller is correct in his article that higher education, as it is today, will change significantly. It has to. But I don't necessarily think it will mean a significant drop in demand for college professors. Perhaps there will be a significant drop in demand for bad college professors, but not good ones with an evolved teaching style (whatever that will be).
Beyond the basics of education, graduate studies are something you can't just "do online" (yet). You may need a lab, need a professor to work with, and you certainly need funding for whatever you are researching. While education as we know it is bound to change, I think that the technical side of most universities is in no immediate danger.
The students can rent the equipment and acquire training online.
This was precisely my thought in reading through the segment of the article dramatizing the "mortal threat information technology poses". The author alludes to artificial intelligence sufficiently capable of replacing a college professor in 20 years and attempts to tie this "threat" to today's economic and political climate and his own vague predictions of both 20 years down the line. It's not as if a professor could be adequately replaced by an AI tomorrow.
As it currently stands, online or not, a professor with appropriate knowledge is necessary to prepare and teach a course. It's not as if the job position vanishes when a course is taught online. As a current student who has taken five out of two dozen courses online: an effective professor is still key to teaching material to students, whether the classroom is physical or virtual.
But he sites a common misinterpretation of Moore's Law as his evidence. Moore's Law doesn't say computing power (or speed) will double every 1 1/2 years, but the number transistors in microprocessors will double. But because of heat concerns we've had to move to multi-core processors, and the speed has hit a plateau. People might think "I've got two cores, so I'm twice as fast", which is completely incorrect.
Computing power is increasing, but there is no evidence that in 20 years it will increase 2^20.
edit: actually, he's wrong on the 2^20 too. It's every 1 1/2 years, so it's more like 2^13= 8192 (let's say 10,000) times faster.
In today's world swimming with the crowd is what works best for most people. Not because it is better, but because everyone does and therefore don't know anything else.
However continuing to live without a plan won't really get you anywhere either, so "works best" isn't completely true.