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Besides the loss of a dream, these people may soon have to also contend with serious economic hardship, especially if they took out student loans that they expe
by 876978095789789 4y ago
Besides the loss of a dream, these people may soon have to also contend with serious economic hardship, especially if they took out student loans that they expected to pay off with a career that is no longer viable.
- rcarr 4y agoAnother major societal and cultural issue that could easily be rectified if values were shifted to care more about people than profits. Several countries in the world offer higher education for free and many offer it at prices nowhere near as obscene as the US and UK. But such change is slow and I agree it is scant consolation for the people about to suffer through little fault of their own. Not many people thought AI was a serious threat to art jobs a few years ago inside developer communities, let alone outside of it.
- 876978095789789 4y agoIt's worth pointing out that Americans with post-secondary education have historically earned much more on average over the course of their lifetimes than those with only secondary education: https://www.ssa.gov/policy/docs/research-summaries/education-earnings.html https://www.ssa.gov/policy/docs/research-summaries/education... This is one of the major reasons why student loan forgiveness is so unpopular in the US (at least among those without student loan debt). But now it looks like for many, that greater earning potential is going to soon be severely truncated.