'Only 700 new IT jobs' were created in US last year

Re:'Only 700 new IT jobs' were created in US last year by nightski on Monday January 08, 2024 @08:21PM (#38921009)

I don't necessarily think it needs to be government run. The best schools in America are private. Ironically government support (the federal student loan system) is imo largely responsible for crazy high tuition in the U.S.

Maybe there is just less demand in Denmark? But I feel like demand surged here, and with easy access to capital it drove prices to absurd levels.

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Re:'Only 700 new IT jobs' were created in US last year by wyclif on Monday January 08, 2024 @11:36PM (#38922383)

The last part is the biggest factor. When all the easy, soft VC capital dried up, so did the jaw-dropping salaries.

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Re:'Only 700 new IT jobs' were created in US last year by hooverd on Monday January 08, 2024 @09:18PM (#38921403)

Direct education funding has been going down though.

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Re:'Only 700 new IT jobs' were created in US last year by madsbuch on Tuesday January 09, 2024 @04:49AM (#38924201)

This is and interesting, and very American, point of view.

In Europe all countries have tuition free universities, in Denmark people even get a government stipend of ~1000 USD/month by the government. And yet, there is availability on most programmes (like computer science)

It seems like the market powers do not apply for American universities? When tuition (demand) surges, it should be profitable to expand supply (new unis, added seats on programmes, hire more staff).

Regardless, the supply seems quite inflexible?

Though it is convenient to blame the government for supporting the ones most in need (young people starting their careers) it seems to be more appropriate to blame structural issues that inhibit the creation of supply – which is also very anti-American.

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Re:'Only 700 new IT jobs' were created in US last year by tonyedgecombe on Tuesday January 09, 2024 @05:05AM (#38924303)

>In Europe all countries have tuition free universities

The UK doesn't (and didn't before Brexit either).

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Re:'Only 700 new IT jobs' were created in US last year by madsbuch on Tuesday January 09, 2024 @06:08AM (#38924737)

Sorry my statement should have been moderated: "In EU most countries have institutions with insignificant tuition costs"

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Re:'Only 700 new IT jobs' were created in US last year by grotted on Tuesday January 09, 2024 @12:54PM (#38929338)

Classic American mentality. "If we don't have it here, it can't work anywhere else."

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