Live data from Hacker News

College May Not Be Worth It Anymore

nytimes.com

171–180 of 437 posts

Re: College May Not Be Worth It Anymore

#171
post #12

Earlier quoted context omitted.

Which is probably a good thing, since it will slowly beat into the minds of upper-levels at corps and recruiters that a College Degree shouldn't be the minimum bar applicants need to reach, and maybe some of these companies will start removing the "has degree" band reject filter.

I don't have a degree and honestly have never had any issues with recruiters or interviews for intermediate/senior 'software engineering' positions. I never represent myself as having a degree, but I don't go out of my way to point out my lack of degree either. Never once in an interview have I been asked about my education. One nice thing about software development positions is the interview process tends to be meri…

I don't have a degree and it almost never fails to come up. Ultimately I flunked out (for a variety of reasons). I've done a lot of A/B(/C/D/E) testing with my resume:

- Don't include education - I'm asked about it. Every. Single. Time.

- Include the years I attended college - Asked why I didn't finish. Every. Single. Time.

- Include college in a misleading way - I did a summer extension program for 2 years while in high school at a similar college. I list both colleges, my start year, my end year, and what my degree track was. I do not claim that I have a degree, but nearly everyone assumes I do. I'm almost never asked about it.

Any time I am asked about it I'm honest to the degree they need ("I had to take a break from school due to family issues", which is true: my family had an issue with the number of "F"s I was getting).

I've actually had managers who found out after being hired who told me "if I had known that, I wouldn't have hired you"

Ultimately I think there are a lot of industries that a degree requirement is a good thing (I really want my doctor to actually have an MD), a lot of industries where certification is sufficient (I don't particularly think an LMFT needs to have a full degree), but the vast majority of industries shouldn't require it, and filtering for that is a cop-out.

I've been at Google for a number of years. Whether I had a degree was brought up during the recruiter conversations; nobody cared.

Re: College May Not Be Worth It Anymore

#172

I assert the expense of college is an awful burden to put on someone who must finance most of it through debt. It's a gamble. You can improve your odds of a happy outcome in that gamble by looking at the Student Loan Default Rate for any given major at any given college, and picking the best program for you (with the lowest default rate possible.) But if you are a child of parents who can finance your college? Absolu…

Student loan interest rates should be tied to the major. Engineering major? $0 down, 3.5% interest rate. Art History major? 25% down, 15% interest rate.

It seems like it might be a good business to offer to refinance loans for, say, CS students at top-tier schools at a lower rate than the government loans.

Ideally that would raise the default rate of the government loans and push up the interest rates of the arts students. Right now the STEM majors are subsidizing everyone else if the interest rates are the same.

Re: College May Not Be Worth It Anymore

#173
post #35

Earlier quoted context omitted.

From my personal experience, an engineering degree is the fastest path from the underclass to solid middle-upper class. Dissuading those kids from going to college is not a good idea if you care about social mobility.

Sure, right now engineering should accept a ton of students. And be encouraging more. Say, for instance by being free, and then using Progressive taxation on the graduates to pay for it all. Note that I'm essentially advocating a Loan, but without a Principal. And it's means adjusted what the interest is. And you never finish paying it off.

Disagree. There are too many STEM students already. It's just that plenty of web development shops are okay with hiring a physicist. It's a waste of money and time to encourage more STEM education unless the student is actually passionate about the subject in itself.

The downsides of the current trend are:

- pretentious web development job posts requiring master's degrees in CS "or related field" (as if physics prepares you for jQuery).

- debt-ridden, unfulfilled scientists relegated to the above

Re: College May Not Be Worth It Anymore

#174
If I was facing the decision to go to US college, I would be considering alternatives vs. paying full price at an Ivy League school.

Just think what you could do on a fraction of the cost.

- Travel the world

- Take online programming courses i.e. Golang on Udemy

- Use some of the capital to start a small online business

I would then look into taking a software apprenticeship.

Re: College May Not Be Worth It Anymore

#175

Earlier quoted context omitted.

Your argument is only valid if you are assuming that tuition is paid for out of pocket. If you have to finance that $50k, you will most likely end up paying closer to $80k. The 80k assumes a 15 year repayment at current rates, if they can pay more and get it done in 10 years it drops down to under $70k.

The $50k is assuming financing. Nobody realistically pays for college tuition out-of-pocket unless they were lucky and their parents set up a fund for it. Source: myself and literally every single college person I know who attended public universities in the Midwest

I paid out of pocket. Just had to do the national guard for 6 years. They paid for like, 90% of it. It was pretty dope.

Re: College May Not Be Worth It Anymore

#176
Brian Caplan's recent book, "The Case Against Education," is relevant here. His basic premise is that college is mostly signaling game that represents a net burden on society. (Ie, the time/resources collectively spent jumping through hoops to get degrees could be put to better use.)

Re: College May Not Be Worth It Anymore

#177

School is a waste of time and resources for the talented these days. You can learn anything you want online by the best people. It's becoming training for state-run communism. No choice, only negative reward signals, march at the same speed as the average. Of course if we tell people the truth - your outcome can essentially be predicted by measuring IQ, which stabilizes around age 7. SAT score is essentially a makesh…

Failed out of engineering= they didnt care I agree that most education should be learned on the job, but college is a filter to keep the lazy out of jobs that require the dedicated. Engineering was insane because they wanted people that would drop what they are doing to go to mexico with 7 hours notice. The dude that dropped out of engineering school is planning on fishing this weekend, hes not going anywhere his bos…

> I agree that most education should be learned on the job, but college is a filter to keep the lazy out of jobs that require the dedicated.

This is the heart of the issue, and I'm not sure you realized you stumbled upon it.

First, you acknowledge the only way to "fail out" is to "not care". This itself shows that college doesn't prove capability or learning or anything objective. It only shows that you have to do the right kind of little monkey-dance for your professors, so they'll be satisfied that you're subjugated, and then they'll pass you.

More to the point, college was designed to filter out "challenging" individuals (for several definitions of "challenging", most of which are irrelevant for modern work), not incompetent ones. [And small caveat: today, college mainly exists not really to filter, but just to put the nation's youth in indentured servitude].

Anyone who thinks you're filtering for competence when you look at degrees, look no further than this thread. You're filtering for someone who is mainstream and complacent; you're filtering for someone who won't question, let alone challenge, the groupthink.

Don't you think it's a big waste to require several years of time and several tens of thousands of dollars in debt just to determine whether or not your candidates are "too lazy to finish a degree"?

And as someone who's been blessed to enjoy a successful career (up to this point) without submitting to the subjugation of so-called "higher education", I can say that it's not really a good indicator of laziness.

Laziness is not caring that you zapped 4 years of your existence away at 15% efficiency so that when you apply for a desk job at BigCo, they won't say "Sorry, you're obviously qualified, but if we hire someone without a college degree, it will mess up our H1B sponsorships that were partially justified by requiring Americans with college degrees." It takes a lot more legwork to suss out the places that don't have a giant stake up their butt.

Self-teaching is hard, but very rewarding, and at the pace that software moves, you should be looking for skill in this as a fundamental quality.

It's hard to blame people for going to school these days, with the amount of social pressure around it, but if they seemed to enjoy being herded around too much, and certainly if they consider said herding as a necessary rite of passage before one can entrusted not to drop everything and go to Mexico, it's a big negative in my book.

Re: College May Not Be Worth It Anymore

#178
post #28

I assert the expense of college is an awful burden to put on someone who must finance most of it through debt. It's a gamble. You can improve your odds of a happy outcome in that gamble by looking at the Student Loan Default Rate for any given major at any given college, and picking the best program for you (with the lowest default rate possible.) But if you are a child of parents who can finance your college? Absolu…

If somebody is passionate about art history, then they should get a degree in art history regardless of job prospects. You are limiting their ability to get the education they want. Now I will agree that somebody getting an art history type degree shouldn't be taking loans to get it, they should be paying for it out of their pocket. However we should not limit somebody from pursuing their interests just because their…

It seems like lending institutions should be taking these statistics into account when rejecting applications. I suspects there are federal regulations in place that prevent this. Maybe the government would rather cover the risk and promote a more educated population than let the education economy stabilize freely.

Re: College May Not Be Worth It Anymore

#179
post #74

Earlier quoted context omitted.

Not saying it's true for you, but everyone I knew at college that was working full-time was in my opinion getting far less out of college than they would have. You need time to ponder, to explore, to be curious. Having to grind insane hours just to get in the game might be workable for the very dedicated and tough, but it's certainly not an optimal experience, and something we should strive to make not necessary.

> You need time to ponder, to explore, to be curious. Most of the kids going to college are not mature enough to do any of the above (come on, these are 17 year olds going 30k into debt for their first year alone.) The 'college experience' today is partying / drinking yourself into a stupor and amassing a ton of debt. No, not everyone, but for most that's reality.

I agree. My own daughter will be going into the Air Force in a couple of years. She's not one that would do well in the college environment. She fits in best where she is a part of something bigger than herself where there is guidance and discipline (like most kids).

If she goes in at 18 after high school, she can earn a degree in 2.5 years at night in the Air Force. After her first 4 years she can choose to get out, with a degree, zero debt, life and work experience. If she so chooses, she can opt to go to Officer Candidate School (13 weeks in Alabama) and emerge 3 months later effectively doubling her income, all the while not paying for medical, dental, housing. If she marries another officer and they do 20 years to retirement, she will be 39, young enough to start a second career and enjoy her AF retirement, second career retirement, and maybe, if she's blessed, SS. More kids should go military. I did, and I had my college paid for and I pay nothing down for houses, get my closing costs paid, no PMI, get treated a little better because of my veteran status. It's a great gig for kids.

Re: College May Not Be Worth It Anymore

#180
post #149

Earlier quoted context omitted.

This isn't true at all. IQ is much less important than work ethic and attitude at many/most jobs.

So why then does the US military place people according to the ASVAB?

The ASVAB is a vocational (subject) test, not an IQ test. I think it does try to measure general intelligence in some sections, but it’s really focused on “can you do this type of job.” When I took it over a decade ago there was basically a “clerking” section which I flunked.
Post reply on HN