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Reskilling is tough in a world where you have to compete with people with many year degrees for an entry level job. If you imagined people reskilling twice in t
by 6gvONxR4sf7o 6y ago
Reskilling is tough in a world where you have to compete with people with many year degrees for an entry level job. If you imagined people reskilling twice in their careers, that's two extra times through college. Say they can skip the general education reqs the second time through and it's just 3 years. That's still 10+ years of undergrad in a 50 year career.
I think educational specialization is going to be a massive issue going forward. In the past, one industry had to compete with another for labor. As time goes on, it's increasingly only within-industry competition that matters, because workers have sunk too much time and money into simply getting their feet in the door to switch.
If you could spend three months and $20k to switch industries, you're much more likely to move compared to the friction of spending a few years and many tens of thousands (and who knows if that specialty will be flooded a few years later when you finish?).