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I don't think any reasonable person disputes either of these conclusions.
The point I was making is only that the notion that you need 4 years of college as a basis for many careers is plainly false. Two people apply for the job at Enterprise rent a car. The person with the 4 year BA degree in whatever gets the job over the person with a HS degree and no college. Certainly nobody would argue that even 1 year of college is required to work the front desk or phones at Enterprise. But history and momentum and culture and marketing have all conspired to create a society where the value of a college degree and the perceived value of going to college, at least economically, are substantially divergent.
The value in college for a huge chunk of attendees now appears to be a status symbol.
Regarding coding and computer science, I really have no idea what the value added of a 4 year degree is, but it clearly is one of the best in the country, with average starting salaries coming in at around 65-70 grand and very high placement rate.
That written, the higher end coding boot camps that run 3 months, 11 hours a day, 6 days a week boast a higher placement rate and higher starting salary than the national average for CS graduates.
So what's my point? My point is that a 4 year holistic degree that imparts broad knowledge of computer science principles, fundamentals, theories, and application is a wonderful thing. But what the numbers suggest is that the ability to sit in the seat and crank out the work is what matters when it determines what you get paid.
Traditionally, the combination of the 4 year degree, the grades, and the pedigree of the institution implied a certain ability to crank out the work. That model works well. The Cornell EE student who graduated top 10% in her class is almost a slam dunk to be a valuable worker. The community college kid who took 6 years to get a degree and averaged Cs? Not so much.
Today's world calls for a new model. I went to college/grad school for 7 years to become a lawyer. Frankly, that concept is asinine, particularly when you consider that most attorneys practice in fairly narrow avenues of law. It's more asinine when you consider that you have to pass a 2 day power test to get licensed. What's the point of the degree if it's not sufficient to prove your ability to be a lawyer? Why is there a test also?
How about this as a going forward proposal - anybody age 18 or older who can pass the bar exam can practice law. If your response is, "there'll be a lot of crappy lawyers out there," my reply would be - "you'd be shocked at how many crappy lawyers are currently out there."
Education in America is a racket. Places like Hack Reactor are starting to chip away at the foundation of the racket, which is the misguided belief that 4 years of college is the proper amount of post-high school education for, coincidentally, about 5,000 different career paths.
I tend to agree with this line of thinking. I'm an ETL developer. I got a degree in Marketing from WCSU. Afterwards I got an internship as a data analyst. That was followed up with real data analyst position with another company. They knew i didnt have the skills but told me come in, learn, there is a steep learning curve for you, but we think you have the right mind for this type of work. A year later, they had layoffs and i was the only 1 to survive because my work was better than the rest. 1 year later i was offered another job, and when i went to leave my boss said stay and we'll make you an ETL developer. He told me the kind of money that they made and that it would be a huge step forward for me, i stayed. Fast forward many years forward and i've moved higher and higher in that same field..... I had next to 0 training for this stuff in college.
Yes there is something good to say about someone that can stick it out and get a degree, but very little learned there translates directly into the field imo. I've worked with people who have gone to school for what i do and they dont do anything any better than me (often times they are worse). Moreover if you look in the IT field, its filed with people who got degrees in fields they ended up not working in, history, english and music majors.... I think the whole thing is a con.