Only certain majors do so, specifically any majors that offer students training on expensive high tech equipment.
Cratic here is the thread I mentioned in my response.
Here’s something to add to this:
“What’s happened is for a huge percentage of the degrees, the degree is worth less than than the job,” Horowitz continued. “So, basically we as a society are running a scam and ripping off a huge percentage of our young people who are going to college with the clear expectation that they’re going to get a higher quality job and they’ll be able to pay for college. That’s absolutely not the case and that’s the real issue.”
Horowitz added that with all of the recent advances in technology, including things like OpenAI’s ChatGPT and generative AI, technology that A16z invests in, a college education should cost much less.
“There is no knowledge that you can’t get from your smartphone very cheaply and easily," Horowitz said, "so why am I paying $300,000 for the credential?”
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Necro gag
College does not a higher quality employee make.
No it does not:
High quality jobs should go to high quality people.
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And as discussed employers are recognizing that US universities are not doing a good job at that:
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Despite all of this, having a higher education is necessary to have a chance with all of the competition in the job market.
That’s why there are scholarships.
I agree, yet many job postings still start with a bachelor degree as a requirement.
They can’t. No education can turn a moron into a genius.
Give it time, the ship is turning to right itself.
Ok.
…
That’s only because the education industrial complex was able to brainwash the public to accept the eight-year (high school/college) education model (or more years) as necessary for white-collar employment.
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1 in 5 employers have had a recent college graduate bring a parent to a job interview
What?
58% say recent college graduates are unprepared for the workforce
That’s not a reasonable expectation in my opinion. Very short-sighted.
A college degree is not about the first 5 jobs.
I have a client who had a bunch of 30 year+ guys retire. Very old school, several of them Vietnam vets. The got promoted up to the specialist positions.
The client thought it would be an opportunity to upgade, so they recruited from a college very well known for producing degree holders (“engineers”) in this field.
Very bright young people. Eager.
Problem was they didn’t know how to do the field work or what they were looking at. One still there out of 7. And he’s not doing well.
If you don’t start out the bottom, there’s no depth.
Everybody wants to be famous. Nobody wants to do the work.
Looks like employers are waking up to the reality that much of college is a waste:
One employer said in the survey: “The talent shortage will just get worse because high schools and colleges produce no talent.”
I disagree with this guy I think. It is certainly not the purview of high schools to “produce talent” for industry. They can’t. Teach reading and math.
As for colleges? I don’t think it’s there either. There can be a bit more specialization, but not “produce talent.”
Employers aren’t training their employees anymore. Where are the apprenticeship programs? Continuing education (done correctly)?
“I don’t have time to train them!”
You don’t have time not to.
And then they let them walk over a dollar an hour.
Industry is screwing this up as much as anybody.
