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Like one of the starred comments on the article points out, the government should get out of the business of education loans. Industry can easily pay for studen
by calvinbhai 10y ago
Like one of the starred comments on the article points out, the government should get out of the business of education loans. Industry can easily pay for students they think are valuable.
the govt should enable companies to have some sort of contract that enables a bright student to avail free education (sponsored by the company) in exchange of some duration of work with that sponsor (at market level wages).
This certainly will steer education towards what the market needs. Anything that is not in clear demand could still be funded by the endowments.
- mattnewton 10y agoI disagree that industry is far-sighted enough to know what to invest in. Curriculum decided by market needs sounds like a nightmare.
- choxi 10y agoReally? Curriculum decided by government committees sounds so much worse. University computer science curricula lags behind industry by at least five years, a sizable portion of coding bootcamp students are actually CS grads because they complete their degrees without competitive and employable skills.
- notfromhere 10y agoBecause CS isn't necessarily about coding?
- mattnewton 10y agoThere are important functions of colleges and universities outside of vocational training. If vocational training is all your after you should skip schools for a market solution like bootcamps.
- flukus 10y agoAround here most universities advertise themselves as vocational training with slogans like " an education for the real world".
- drakonandor 10y agoThat's more of a problem with too many students passing classes they shouldn't IMO.
- calvinbhai 10y agoCurriculum decided based on lopsided incentives (like govt education loans for degrees worth less than a toilet paper) are bigger nightmares. These money sucking degree programs with no job prospects exist because tax payer money is taken for granted! I'm not saying no to degrees in Language, History, Arts, or any other degree. If someone wants to pursue their field of interest that has no guaranteed jobs, let that be done on their own money, or by them sourcing funding on their own (ideally from a prospective employer), not with tax payer money. Assume that we both agree that industry is not farsighted enough. At least, the education loan debt is borne by the industry, and if it was indeed short sighted, the student loses only the time spent. Not own or tax payer money.