College Costs 1992-2022

[*ochocincos*]

(06-24-2022, 02:03 PM)basballguy Wrote: I skimmed the thread but didn't see this mentioned (which is a point I think you're underselling in your comments above):


A quick google shows 35% of adults have an undergrad while 13% have a graduate degree.  So these poor individuals are carrying much larger debts than someone who did their undergrad (in most cases).  
 
There is tons of pressure for business professionals to get their graduates degree....mostly MBAs in my field.  We won't even consider someone for certain positions (regardless of experience) unless they have an advanced degree.  

I guess it'll also take some of corporate America to reject collegiate credentials before we really see any change.  I think I saw somewhere awhile ago that Google or Amazon was no longer requiring higher education for their positions if they had the correct experience.  

Since I didn't address this in my previous reply, yes we're definitely seeing that in the tech field.
Companies are starting to change their hiring strategy to say things like coding bootcamps (typically no more than a year in duration) are sufficient for entry level now. A bachelor's is obviously acceptable too, but there are other alternatives now.

Unfortunately, some (most?) of the bootcamps still require a college degree, even if it's not a tech degree.
So not quite a great financial alternative in all cases, but can be good for college grads who might have gotten one major but want to change their field to tech without going through another bachelor's degree to get there.