"Bring back unpaid internships" is one obvious way to re-create the signal, assuming companies would be willing to take on ambitious 18 years olds and teach them. As a hiring manager, do you think there is any way to make this happen?
"Bring back unpaid internships" is one obvious way to re-create the signal, assuming companies would be willing to take on ambitious 18 years olds and teach them. As a hiring manager, do you think there is any way to make this happen?
Paid internships are great and whenever we're expecting to have open entry-level positions the following year, we run a paid internship program. It's an excellent source of future talent for us and (IMO) is good training/experience for the interns.
I think it would be illegal to have an unpaid internship program in many states unless the intern was doing the internship as part of a degree-granting [or at least academic credit earning] program. (That's at least a close summary of the law in MA where I am.) And in tech, I can't think of much reason to have an unpaid internship program, even if legal. If I can afford the staff time to direct and supervise the interns, I can afford the $15/hour minimum wage* and that aligns everyone's incentives better.
* We pay substantially more than this to interns, but even paying the legal minimum wage aligns incentives.
There are counter-arguments. You're getting free on the job training even though you're barely worth it even working for free. And lots of jobs like acting and writing, can involve years of trying (often unsuccessfully) to land something that pays.
If someone isn't worth that much, why even bother entertaining working for you and your friends? Not like you won't throw my resume in the trash anyways.
I'm working on starting my own thing, so don't feel bad you fell for someone telling you "you're barely worth anything."
If we're going to be brutally honest, at many, many companies, that's all you need to know how to do in order to have a fine career. Do what you're told, do it on time, and sustain that activity for years. Some companies say they want things like creativity, initiative, leadership, blah, blah, blah, but they're just words. Most of them are looking for cogs who take direction and finishing a 4 year degree shows you can do that.
Lawmakers can create a law which say that educational debt above Y dollars can be discarged in bankruptcy. Of course anything like that will have second and further order effects too.
They can. But there are some debts which cannot be discharged that way. (Meaning some debts go away, but others don't.)
For example if you owe child support payments that doesn't go away just because you default. Or if you owe someone debt because you caused them an injury in a wilful and malicious manner that cannot be discharged by defaulting. These are explicitly defined exceptions in the USA law. And so is student loans.
Is this because the student doesn't pay attention, or the student already knew all the material?
I wasn’t the best student, but I learned a ton in those four years.