I graduated with an information systems degree about a decade ago, and no employer has ever given me any amount of money for that degree. I have never gotten a bonus or higher pay because of it. Now, I’m seeing so many videos on TikTok and reels lately of students who graduated with a computer science degree costing them upwards of 90K, And they are all packed any huge room with like 20 employers who are hiring for like 300 jobs but there’s like thousands of them…

So basically if you want a digital piece of paper that says you’re “educated”, you can pay $40000 > $350,000. But you’ll never get any amount of money for it from employers, it won’t help you find a job. It’s a myth

  • lurklurk@lemmy.worldEnglish
    4·
    2 days ago

    I learnt lots at university, and that has been useful at work, but the degree itself doesn’t seem to matter much. But I’m in tech, and Europe, and university was publicly funded

    American universities keep raising the prices and people keep paying. There’s no reason for it to cost that much, beyond profits

    • Possibly linux@lemmy.zipEnglish
      2·
      1 day ago

      On the one hand I can understand that a good professor probably wants to be paid competitively. On the other hand I can’t imagine paying the same cost as a small house per semester.

      • lurklurk@lemmy.worldEnglish
        1·
        1 day ago

        I think it might be a slightly wasteful system. I haven’t dug deep but this article seems to hint that it’s not all to pay better teachers. E.g:

        A study found that the California State University system had 11,614 full-time faculty in 1973, and 12,019 in 2008. During that same time period, administrators grew from 3,800 to 12,183, ending up with more administrators than faculty.