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It seems the bubble popped by academia (hiring armies of academics and admin staffs) is bursting at long last. Hope some of them will find a job in the market economy
121 sats \ 3 replies \ @freetx 31 Aug
My area (TX) has been developing some really good community / technical colleges. The really effective thing they have been doing is having industry-funded programs.
So a kid can do something like go into Petroleum Engineering which may be an Exxon funded program. The student can then transition into intern program at Exxon.
So from a 30,000 ft level you have:
  • cheap tuition (~$3000 per semester)
  • Exxon gets candidates trained to it's requirements.
  • school gets industry subsidy money
  • kids get practical education + oppurtunity
I really hope this idea starts spreading as it appears to be the way out for many young highschool graduates.
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This is how I funded my engineering degree.
We called it co-op back in the 70's.
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Could be very reasonable decision.
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Excellent development
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The feds made some reforms to how grant funding can be used and it's obliterating university admin. Combined with the generally tighter federal funds, there's quite a squeeze on academia right now.
This has been a long time coming. Higher ed enrollments have been declining for the past decade and returns to college are zero for all but the very best students.
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Random coincidences: Chicago (same sound - written as ci cago) means I shit over it in Italian.
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Paywalled, ironically.
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