Number of CS degrees on the verge of suprassing all humanities degrees
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If you are a new student today, is the smart thing to go into engineering due to the huge population entering programming? Or will CS continue to be lucrative with a 2-4x rate of new graduates.
I think it will continue to be relatively lucrative, but I think the entry level will continue to become more competitive and we will see fewer people with a CS dprofessionally if we cross into oversupply.
I'm not sure if that will be enough to explain it in another couple of years though if similar trends continue, as it's getting to the point where college graduates will soon not have been old enough to remember their parents getting laid off and older siblings not being able to get their careers started.
If the current "tech recession" gets bad enough maybe things will even out.
Additionally, I'm not sure the financial reality of humanities degrees was always terrible. I haven't looked into it but surely there must have been a point where it was a more viable option? Otherwise it's tough to explain where the market for those degrees came from. That assumes that there is some sort of free market dynamic that impacts what people end up studying, which I believe to be the case.
Then “way more people should go to college” happened, which is by and large a good thing, but means that whoever has the least valuable degree is in a worse spot than that same degree would represent in 1955.
"Education" as in status/wealth. The humanities education wasn't what made them marketable.
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