The value of an education

[Kirkhill]

‘I don’t know why I need to go to college’: Ford CEO says his Gen Z son worked as a mechanic and wondered if the 4-year degree was still worth it | Fortune

Jim Farley hosted a panel with Mike Rowe, who said, “Nothing in the history of Western civilization has gotten more expensive, more quickly” than college.

fortune.com

12000 USD degree ca 1980 now costs 94000 USD. Inflating faster than everything.

5 tradesmen retire. 2 new candidates enter the field.

 

[Kirkhill]

Palantir is betting against university accreditation.
Recruiting straight from High School.
"Skip the debt. Skip the indoctrination."

Palantir says college is no longer a reliable training ground—so it hired 22 high school students instead: ‘Skip the debt. Skip the indoctrination.' | Fortune

22 Gen Zers are currently graduating from Palantir’s Meritocracy Fellowship, as CEO Alex Karp calls his company "the best credential in tech."

fortune.com

 

[QV]

Palantir is betting against university accreditation.
Recruiting straight from High School.
"Skip the debt. Skip the indoctrination."

Palantir says college is no longer a reliable training ground—so it hired 22 high school students instead: ‘Skip the debt. Skip the indoctrination.' | Fortune

22 Gen Zers are currently graduating from Palantir’s Meritocracy Fellowship, as CEO Alex Karp calls his company "the best credential in tech."

fortune.com

Smart move. This should happen more in other places as well, such as police services - hire at 18-20 and train.

 

[Kirkhill]

More from the same source

Palantir CEO Alex Karp claims the tech giant is first anti-woke company, advocates meritocracy - here's what it means | Company Business News

Palantir CEO Alex Karp declared the company as anti-woke during an earnings call, emphasizing free speech and meritocracy. The firm reported a 63% revenue increase to nearly $1.2 billion, with significant growth in US government contracts, highlighting its controversial political stance.

www.livemint.com

 

[Remius]

Smart move. This should happen more in other places as well, such as police services - hire at 18-20 and train.

I’m in agreement but not for any anti woke business.

OJT, productive years at a younger age and less debt. Plenty of jobs that this can be applied to.

 

[mariomike]

Recruiting straight from High School.

When I graduated high school, that was enough to apply.

Within two years, that was no longer enough to apply.

These days, at least where I worked, you need education.

Personally, as a potential client, I'm thankful for that.

 

[Remius]

When I graduated high school, that was enough to apply.

Within two years, that was not enough to apply.

These days, at least where I worked, you need education.

Personally, as a potential client, I'm thankful for that.

Did they make you go back to get that education? And are you saying that clients should not have been serviced by you because of your lack of education?

 

[Kirkhill]

When I graduated high school, that was enough to apply.

Within two years, that was no longer enough to apply.

These days, at least where I worked, you need education.

Personally, as a potential client, I'm thankful for that.

In our day people believed that education meant two things, both leading to a better life, an education and contacts.

Nowadays the quality of both the education and the contacts are iffy.

And the price has gone up exorbitantly.

I could afford my education based on summer jobs and a couple of years to pay back my loans with a small fraction of my pay (less than my new car payments and my rent).

 

[QV]

I’m in agreement but not for any anti woke business.

OJT, productive years at a younger age and less debt. Plenty of jobs that this can be applied to.

This is the way. Anti-woke is just a secondary benefit.

 

[QV]

Did they make you go back to get that education? And are you saying that clients should not have been serviced by you because of your lack of education?

The ironic part is those new hires with education were still going to do OJT under the uneducated heathens.

 

[Remius]

The ironic part is those new hires with education were still going to do OJT under the uneducated heathens.

I’d add that what they are requiring is still likely training over education.

Education vs training. Training can still be done at an educational institution.

The issue as well is that a lot of programs are just money makers for the institutions.

 

[mariomike]

Did they make you go back to get that education? And are you saying that clients should not have been serviced by you because of your lack of education?

No.

I did not say that.

The City sent us to their recruit academy, before turning us lose on our fellow citizens.

And, later to community college, as professional standards changed.

The difference between then and now is - City taxpayers paid our tuition, and salary.

That ship sailed exactly fifty years ago.

To apply now, you've got to ante up some money, and do it on your own time.

With no guarantee of getting hired.

I didn't make the World. I barely exist in it. Smile emoji.

 

[mariomike]

One thing our Retired Chief mentioned at one of our luncheons was he put the blame on the colleges for not making candidates aware of what they are getting into.

That there were horror stories of recruits mentally breaking down when the reality of the work set in.