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The Student Debt Problem Is Worse Than We Imagined

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Re: The Student Debt Problem Is Worse Than We Imagined

#11
post #2

Reminder: Your future employers care more about side projects and experience than some writing on a piece of paper. You don't need to go to college to be a kick ass programmer.

Fun fact: some countries will make it pretty hard to enter as knowledge worker if you don’t have a degree (in some case they won’t even care which degree, you just need one from an official university)

That’s one specific case, but there’s miriades of other super corner cases.

Re: The Student Debt Problem Is Worse Than We Imagined

#12

Earlier quoted context omitted.

Programmers account for 1-2% of jobs. Sadly there are a great many careers where a degree is required. Many of those probably don't need a degree, but the number of jobs requiring it has grown, in the same way the number of jobs requiring licensing has grown.

1-2%? For some reason that seems high to me. Certainly one out of every 100 people I meet aren't programmers.

US workforce is 160m

IT occupations: https://www.bls.gov/ooh/computer-and-information-technology/...

'Computer programmers', 'software developers' and 'web developers' will get you to 1%. I think wpdev_63's message applies to some additional IT positions than just programmers, so I think 1-2% is about right.

Re: The Student Debt Problem Is Worse Than We Imagined

#13
post #10
post #8

Earlier quoted context omitted.

That's why you usually do not start there. Google might require a degree, but your local hairdresser does not ask for one as long as you can create his website. Then move your way up from there. After several years recruiters will be more interested in your experience, projects and contributions than your non existing degree. EDIT: other options include working at startups/smaller companies, contributing to open sour…

That's absurd, you're much better off going to a reputable school, working hard, grinding leetcode, completing internships, and then getting a $150k+/yr TC job to start. You'll come out far ahead by going to a good school. If you're able to start at Google while you're still in high school, that's a different story.

This seems like a rather expensive way to experiment whether you’re well suited for something and like it.

Re: The Student Debt Problem Is Worse Than We Imagined

#14
post #8
post #4

Earlier quoted context omitted.

It's very difficult to start your career at leading companies such as Google, Facebook, etc without going to a reputable school.

That's why you usually do not start there. Google might require a degree, but your local hairdresser does not ask for one as long as you can create his website. Then move your way up from there. After several years recruiters will be more interested in your experience, projects and contributions than your non existing degree. EDIT: other options include working at startups/smaller companies, contributing to open sour…

I hate to say this, but the jobs that most of us did to get in the door no longer exist. Most people create websites without any html or programming experience. You pick a CMS and buy a theme that has a few options. Gone are the days of needing to know php/css/javascript to advertise your business or start selling online.

Re: The Student Debt Problem Is Worse Than We Imagined

#15
post #10
post #8

Earlier quoted context omitted.

That's why you usually do not start there. Google might require a degree, but your local hairdresser does not ask for one as long as you can create his website. Then move your way up from there. After several years recruiters will be more interested in your experience, projects and contributions than your non existing degree. EDIT: other options include working at startups/smaller companies, contributing to open sour…

That's absurd, you're much better off going to a reputable school, working hard, grinding leetcode, completing internships, and then getting a $150k+/yr TC job to start. You'll come out far ahead by going to a good school. If you're able to start at Google while you're still in high school, that's a different story.

I have plenty of friends that dropped out of College with no degrees and now work for large tech companies like Facebook, Google, and Amazon. It's not really tough to come in as an E1 and work your way up, especially if you have a great GitHub/Gitlab and possibly experience as a dev at another smaller company. I see a lot of women coming in as E1's off of those 12 week software engineer bootcamps as well.

Re: The Student Debt Problem Is Worse Than We Imagined

#16
post #2

Reminder: Your future employers care more about side projects and experience than some writing on a piece of paper. You don't need to go to college to be a kick ass programmer.

A basic bachelors degree in computer science opens a lot of doors if you want to work abroad.

That said if a recession hits there's gonna be some really, really nasty side effects as the predatory student loan industry destroys a large amount of the workforce.

Re: The Student Debt Problem Is Worse Than We Imagined

#17
Still being in college, so many people I know just assume debt is no issue. It's not a concept that hits close to home, and most people seem to be fine with repaying them forever, like buying a new phone every 2 years or a new car every 3. I've never known anyone who couldn't get a loan, no matter how bad their grades or weak their employment after college looks. I don't really understand how that works and who would loan them money in the first place, but I feel bad that so many just assume they debt they take on will be automatically paid for.

Many I know use their loans for not just school, but life. They spend money like they're rich and already have jobs when they're broke college students living off loans, and it just seems to me either the government, the banks loaning the money, or the schools, are using this monetary ignorance to their advantage. It'll fold some day I assume, considering student debt is 50% of the assets of the Federal Government [0], if those default rates rise to high that could wreck havoc in the trust of the financial well being of the US government (Disclaimer: I'm a student, I don't really understand most of what's happening here)

[0] https://s3-us-west-2.amazonaws.com/gs-live/uploads%2F1521231...

Re: The Student Debt Problem Is Worse Than We Imagined

#18
It's a damn shame we've let this crisis reach this scale. Along with healthcare, climate change, the debt, our inauguration, and so on, we've been essentially frozen for most of my life as politicians concern themselves more so with existential power struggle. The right wants to bring us back to the gilded age, the left makes headlines but is barely relevant, and the center is trying to squeeze bandaid solutions while just trying to fend off populism on both sides.

It shouldn't be controversial that we need an educated population and we need young people who aren't in debt up to their eyeballs. It's time for some hard choices, because the wheels are falling off.

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