I think you may have misread something. 11% is closer to the unemployment or underemployment rate for recent grads, not the employment rate.
There may have been a short window during the intense layoffs where you could have looked at a specific graduation cohort and found a low rate of job placement at time of graduation, but that’s a very different statistic. Many take time off after graduation, travel, choose to go to grad school, or just don’t start job searching in earnest until after graduation.
“… a site I read…” Lol
https://www.newyorkfed.org/research/college-labor-market#--:...
That is, 7% are unemployed, and 19% aren't able to find comp sci jobs.
I suspect it's worse now, but probably not 11%?
That number makes me very skeptical, even in 2026. Maybe what you are saying is that the unemployment figure is 11%? That would be pretty bad compared to two years ago, but within the realm of plausible if we were seeing a major upset in the employment market.
E.g. 2024 data: https://www.newyorkfed.org/research/college-labor-market#--:...
Where that number is coming from, or what that time frame would be I'm not sure. But I do think it would be more interesting to see the amount of time recent grads spent unemployed or underemployed vs a presumptive snapshot of current employment state.
Sample size of <10, but a lot of my friends are at the age where their kids are graduating from undergrad recently, and pretty much zero of them are working in their field, and many are struggling to find anything at all, even retail or bartending.
Agreed, but wouldn't that be captured as 'under employment'? The stats are there for that, too, seems to be close to 20%.
I would find it believable, though not interesting, for only 11% of CS grads to have a local-median-pay, CS-related job locked in at graduation.
In some circles, it was popular to assume that academic degrees are supposed to be job training instead of education. And then that got interpreted narrowly as the skills you need in your first job after graduation. But a full career is 40+ years. Even when the job market was not changing as quickly as now, nobody could predict the skills you would need 20 years later. If you bought that viewpoint, you spent years preparing for the first few years of your career, which was obviously wasteful.
The actual value proposition was already stated 200+ years ago:
> There are undeniably certain kinds of knowledge that must be of a general nature and, more importantly, a certain cultivation of the mind and character that nobody can afford to be without. People obviously cannot be good craftworkers, merchants, soldiers or businessmen unless, regardless of their occupation, they are good, upstanding and – according to their condition – well-informed human beings and citizens. If this basis is laid through schooling, vocational skills are easily acquired later on, and a person is always free to move from one occupation to another, as so often happens in life.
https://en.wikipedia.org/wiki/Humboldtian_model_of_higher_ed...
Of course, colleges can be made more cost-effective by focusing more narrowly on education. For some reason, American higher education ended up being weirdly collectivist in an otherwise individualist culture. The ideal college experience became a separate stage of life between childhood and adulthood. You live on a campus outside the real world, and that campus is located in a place few people would otherwise move to. The incentives got weird, and colleges started prioritizing aspects of the college experience that are not directly related to education.
College either needs to be 1) way cheaper, 2) mainly for the state-subsidized exceptional and independently wealthy, or 3) move to a different model.
We have too many colleges LARPing as Harvard, and too few colleges even attempting to be affordable, practical, or actually deliver value to the ordinary person.
A couple of generations ago these were uncontroversial statements, now most people think you are crazy for suggesting such a thing. I think you can trace a lot of the problems in the western world back to this.
Subsidizing college education, at least, has a reliably positive ROI.
By far the worst offender.
> health care for wealthy retirees
Theoretically, they paid into the system to get their dues.
> Subsidizing college education, at least, has a reliably positive ROI.
There's evidence at the State level, at least in many states, it does not pay for itself.
For what it's worth, I see arguments like this all the time. Might just be the corner of the information ecosystem you hang out in.
> Subsidizing college education, at least, has a reliably positive ROI.
Maybe it did in the past, where the greatest marginal gains were. Does it still hold true now? Over a third of the US has a bachelor's degree. Is there a reliably positive ROI to society in taking that third to, say, half?
You could copy-paste these statements to describe American healthcare vs European healthcare and get a very different reaction. Even though it's true for that field too.
Why the actual fuck does a humanities degree cost anywhere near as much as an engineering degree? Literally all you need is some professors and a space to teach in. You could run them in co-working spaces, parks (weather permitting), or coffee shops ffs, with no administrative staff or other bloat. (For real: small seminars in a coffee shop or a public park would be dope)
Education is beneficial to society and making it cheaper makes it more widely accessible. You and the person you responded to actually agree on a lot.
> A couple of generations ago these were uncontroversial statements
I don't believe those strong assertions you're making were uncontroversial at any time, and are likely objectively less true now than they were in the past.
European universities are not resorts like in the US and community college keep that small footprint mentality as well. They have done it right. Focus on the education and keep costs lower. I have friends in Europe that work for a few years then just take time off and study something that interests them in their subsidized universities and I am so jealous because their costs are so low.
When I went to community college (and then university) there were a few moments where I actually wasn't treading water in my CS degree and I was able to take a wide variety of classes. They were some of the happiest moments of my life.
Recently visited LA and walked around LACC during the evening. The campus is enormous (and famously was the scene for the TV show Community). I just thought of the enormous variety of subjects being taught, imagine if that was accessible to anyone when they desired.
My daughter got her associates carrying no debt... but has struggled to get into an appropriate higher level program. She's currently working PT in two jobs, one as a prep cook in a high end eatery and as a park associate at the local zoo. Neither is offering a particularly compelling pay or benefits that most jobs should offer IMO.
I'm with you on college though, in terms of there should be way cheaper options all around... I think there should even be grant programs for better vocational/trade programs as an alternative path for Bachelors class degrees.
Specific example is medical school/residency. To "DMZ" this, they'd need to ignore anything students do during gap years, ignore research too unless it's an MD-PhD program. Everyone should be going straight through unless some personal challenge forces them to delay.
I don't look to CS as an example because it's an unusual bubble on top of all that. CS degrees also became super competitive and subsequently worthless around 2000.
This is my sentiment. School counselors pushed everyone to colleges, but actively dissed trade schools. Forcing students to take classes in subjects they absolutely do not care about is a terrible idea for a secondary education track. If someone really just wants to learn a trade and have a nice life, there is nothing wrong with that.
Did CS course really just become coding boot camps? That seems like an insult to CS grads that came before. That's not a diss to boot camp attendees, but CS grad learns way more than how to code a specific language. However, if someone wants to just code, there's nothing wrong with that. Not everyone is interested in knowing how a CPU works or how much L2 cache improves anything. There's plenty of code that can be written with GC languages so that the coder never even has to think about any of the underpinnings of the system. There's other code that'll never work like that and requires more lower level understanding. There's plenty of work to share
It wasn’t some awful conspiracy, physical trade jobs are hard work and with no pensions or benefit protection, there’s a lot of guys struggling when their bodies are broken at 40. In the 80s, most urban trades were unionized with benefit funds etc. Not the case in 2026.
I know plenty of trades people that do hard work and think cushy office gigs are hell on earth and that type of work sucks ass. Just because it's not your preferred career doesn't mean you should denigrate those that do. Besides, if there were no trades, you'd have no place to live, you'd have no food to eat, you'd have no car to drive, and you'd have no internet as who was going to build that infrastructure?
It’s a brutal lifestyle and I’ve seen my share of hardworking, broken 50 year olds trying to make it mostly on the lesser paying job their wife is left with because raising kids with a dad who’s out the door at 5am and home at 7pm is brutal.
[1]: https://www.census.gov/newsroom/press-releases/2025/educatio...
That does not seem like everyone is going to college.
In Europe only about 43% have a college degree. So even with heavily subsidized schools there is really only a certain percentage of people that take this path.
[1]:https://ec.europa.eu/eurostat/web/products-eurostat-news/w/d...
This is mostly an unintentional side-effect of civil rights law, stemming from Griggs v. Duke Power Co.
"In 2023–24, Bachelor’s degree production fell 5.5% compared to the previous year across CS, CE, and I departments. Among departments reporting both years, the decrease was 4.3%. Despite this drop, production remains well above pre-pandemic levels and reflects continued strength following the post-2020 rebound. CS saw a 7.4% decrease and CE a 13.3% decrease."
But it also looks like enrollment in CS programs increased in 2024/2025:
"U.S. CS departments reported an increase in new majors per department of 12.8%"
https://datavisualization.cra.org/TaulbeeSurvey/CRA_Taulbee_Survey_Report_2024.html#Bachelor%E2%80%99s_Program_Production_and_EnrollmentsIME, CS as a profession, doesn't need to concern itself with maintenance, secure coding practices, administration, system implementation, etc. There's no class called "maintaining this POS code base from 10 years ago."
CS folk fail when they don't make the top of a leader board for sorting algos.
Software Engineers fail if they tell you that maintenance requires 10 manual touch points over a weekend.
Different concerns. While software engineering is built upon CS fundamentals, ultimately your concern is with what's coming years down the line when your unpatched "hack week" project is underpinning the business model.
I would not be confident in underemployment figures for 2025 published this early in the year. The New York Federal Reserve has published underemployment rates from 2024 only a couple months ago [1]. In it, computer science underemployment is lower than other majors, even in the mathematical and natural sciences. Aggregated new graduate underemployment has been higher in previous decades than the current level. Underemployment is the right metric to consider because it captures people who accepted lower-skill jobs in order to support themselves.
1. https://www.newyorkfed.org/research/college-labor-market#--:...
the parties, the co-eds, and the start of life from outside the direct supervision of parental units. Let's be honest, all of this education stuff is secondary to that.
The primary goal for attending college, as stated by both students and parents, is for preparation for entrance into the workforce and adult life.
One can go to the engineering or computer science building in almost any U.S. or Canadian university and observe a student population that doesn't party on a regular basis.
Let's observe revealed preferences, not stated ones.
> One can go to the engineering or computer science building in almost any U.S. or Canadian university and observe a student population that doesn't party on a regular basis.
This is a small fraction of the total college population.
Most people in college are only there because it's the default next step after high school. In fact, a lot of people in graduate school are only there because it's the default next step after a bachelor's degree.
Exactly! Not because of parties!
“ I don’t know about anyone else here, but college was not educating because I was at college. I did all of the reading and studying on my own. The classes weren’t very interesting, most of my TAs didn’t speak the native language well at all, nor did half the professors. I enjoyed my time, I made a lot of lifelong friends, and figured out how to live on my own. My buddies that enrolled in boot camp instead of college learned all those same skills, for free. Education won’t be ruined or blemished my LLMs, the whole thing was a joke to begin with. The bit that ruined college was unlimited student loans… and all of our best and brightest folks running the colleges raping students for money. It’s pathetic, evil, and somehow espoused.
I remember my calc teachers, married, last name gulick, university of maryland. The calc book was sold as the same book for calc 1/2/3. The couple, gulick were the authors. Every semester they released a new edition, the only thing that changed was the problem set numbers. So, if you took calc 1/2/3, you spent $200/semester for the same fucking book. Magical times.”
That's absolutely what I think, since even before the proliferation of LLMs.
What's the secondary source then?
This is the only real answer.
One example from 1985 onwards that i can think of is NSF funding of supercomputer centers. 40 years ago, SIMD / vector processors with boatloads of memory were not ubiquitous, nor were shared memory multicore / multiprocessors, a situation which differs with the reality today.
This NSF funding established the 5 supercomputing centers
https://en.wikipedia.org/wiki/National_Science_Foundation_Ne...
and then further downstream effects include popular access to creations from the supercomputer centers, such as Mosaic from NCSA, and an expansion of ideas outside the compuserve / aol paradigms.
I think similar situations apply for other engineering disciplines, mechanical and chemical and physics and so on. Probably true for the arts in various forms: people don't have personal pipe organs to learn Bach on, for a crazy example, but universities do.
For various industries, learning requires physical equipment too expensive for individuals, historically and still.