31–40 of 174 posts
I honestly don't buy this for several reason. In the mid 90's, my affluent suburban high school was in panic mode, afraid that declining enrollment was an impending death spiral. My graduating class only had gasp 750+ students. Ten years after I graduated, entering the 2000's, enrollment had already surpassed 800 kids. The school had to build out an entire wing and completely remodel the athletic building to accomoda…
I think college's value proposition and entire model has been eroded. Major school's CS grads are finding jobs upon graduation at an 11% rate (I don't have the primary source on this, but it is published by a site I read that never fudges these kinds of things, going back many years). AI probably has a lot to do with that, but it's exposing something more fundamental. CS wasn't supposed to be a programming boot camp…
I would not be confident in underemployment figures for 2025 published this early in the year. The New York Federal Reserve has published underemployment rates from 2024 only a couple months ago [1]. In it, computer science underemployment is lower than other majors, even in the mathematical and natural sciences. Aggregated new graduate underemployment has been higher in previous decades than the current level. Underemployment is the right metric to consider because it captures people who accepted lower-skill jobs in order to support themselves.
1. https://www.newyorkfed.org/research/college-labor-market#--:...
I think college's value proposition and entire model has been eroded. Major school's CS grads are finding jobs upon graduation at an 11% rate (I don't have the primary source on this, but it is published by a site I read that never fudges these kinds of things, going back many years). AI probably has a lot to do with that, but it's exposing something more fundamental. CS wasn't supposed to be a programming boot camp…
I think you may have misread something. 11% is closer to the unemployment or underemployment rate for recent grads, not the employment rate.
There may have been a short window during the intense layoffs where you could have looked at a specific graduation cohort and found a low rate of job placement at time of graduation, but that’s a very different statistic. Many take time off after graduation, travel, choose to go to grad school, or just don’t start job searching in earnest until after graduation.
Earlier quoted context omitted.
Nearly half of college graduates age 22-27 are underemployed (i.e. such that bachelors degrees have jobs that only require a high school diploma or less): https://archive.is/wrDde According to https://archive.is/Gyl7y the usual suspects do poorly, such as performance arts, but also things like criminal justice, environmental studies and many of the STEM majors are near or over the 50% mark as well. People trot out th…
> all of the STEM majors are near or over the 50% mark as well. I am not seeing that? Computer Science, to use an easy example, is 19.1% underemployed. Bad, but not 50%. Even restricted to 'recent graduates' it does not look that grim? If I'm misreading the data, please correct me. I have kids approaching the age where they will be considering post-secondary choices so I am trying to keep an eye on things.
Original: Animal and plant sciences: 53%
Biochem: 42
Biology: 51
Chemistry: 42
Engineering technologies: 44
Medical technician: 47
Miscellaneous Biological Science: 47
Miscellaneous Technologies: 49
Those were the ones that caught my eye. I'm assuming the "miscellaneous" categories are for higher degrees in very niche or specific sub fields.
STEM covers all of science, math and tech outside of medicine/ health care, so the computer science and engineering tracks are okay. Even then, I'd be a little suspect, as I'd heard elsewhere that the number of graduates has increased by 110% but the market for jobs hasn't. The good old days of ZIRP and wildly too-small talent pool are likely over for good.
Instead we're going to very expensive camp where most of the people flaunt laws for fun (there's no reason alcohol should be illegal for undergrads) and then grind to pass tests while not actually learning all that much OR becoming all that prepared for the world after university.
Particularly with how poorly academics are paid, it would be pretty damn easy to build a better university.
It's not at all surprising people are leaving, university degrees are becoming minimum quarter million dollar participation trophies.
I think college's value proposition and entire model has been eroded. Major school's CS grads are finding jobs upon graduation at an 11% rate (I don't have the primary source on this, but it is published by a site I read that never fudges these kinds of things, going back many years). AI probably has a lot to do with that, but it's exposing something more fundamental. CS wasn't supposed to be a programming boot camp…
I think college's value proposition and entire model has been eroded. Major school's CS grads are finding jobs upon graduation at an 11% rate (I don't have the primary source on this, but it is published by a site I read that never fudges these kinds of things, going back many years). AI probably has a lot to do with that, but it's exposing something more fundamental. CS wasn't supposed to be a programming boot camp…
> Major school's CS grads are finding jobs upon graduation at an 11% rate That number makes me very skeptical, even in 2026. Maybe what you are saying is that the unemployment figure is 11%? That would be pretty bad compared to two years ago, but within the realm of plausible if we were seeing a major upset in the employment market. E.g. 2024 data: https://www.newyorkfed.org/research/college-labor-market#--:...
I would find it believable, though not interesting, for only 11% of CS grads to have a local-median-pay, CS-related job locked in at graduation.
That seems more relevant to new CS grad unemployment than AI.
It seems that the entire higher education space is in dire need of some creative destruction. College expenses have been subject to cost disease for years and a reckoning is long due. I’m not sure if demographic change will produce this reckoning but something has to.
There's disruption but not the good kind. The reckoning is cheating not demographics.