Re:Federal Reserve to increase interest rates by 75 basis po...
by paulpauper on Wednesday September 21, 2022 @03:06PM
(#32929907)
you forgot the most important variable: the college wage premium, which is the widest ever and shows no signs of narrowing. As long as college grads earn a lot more, tuition will go up. Even after factoring in debt, grads still earn more than non-grads.
Most people would be better served by trade schools or apprenticeship, but the US hasn't figured out how to do this well yet.
This may apply to college dropouts, but college still pays way more than trades, and also trades work req. a lot of training and time and you have to join a guild.
Coding bootcamps seem to be an answer for the software industry
Except that bootcamp grads tend to be woefully deficient in skills and also have a hard time finding jobs, also bootcamps can be very expensive and inflate their success metrics. I am not saying that college is the answer, but it's not bootcamps.
Most people would be better served by trade schools or apprenticeship, but the US hasn't figured out how to do this well yet.
This may apply to college dropouts, but college still pays way more than trades, and also trades work req. a lot of training and time and you have to join a guild.
Coding bootcamps seem to be an answer for the software industry
Except that bootcamp grads tend to be woefully deficient in skills and also have a hard time finding jobs, also bootcamps can be very expensive and inflate their success metrics. I am not saying that college is the answer, but it's not bootcamps.