Comment by DesaiAshu
17 hours ago
It is generally understood in the industry that around half of universities are in significant debt / financial distress (started prior to Covid // the demographic peak // recent DoE cuts). Graduate underemployment is also quite high due to a lack of alignment (or perhaps slow alignment) of degree programs to career outcomes
https://www.philadelphiafed.org/-/media/frbp/assets/working-...
https://www.stlouisfed.org/open-vault/2025/aug/jobs-degrees-...
Ideas for solutions here:
Can we take a minute to consider that degrees aren't supposed to be aligned to career outcomes to begin with? That's what vocational schools are for. Somehow academia became conflated with both a job training program and an adult daycare service and (at least in the US) the result is a confused, inconsistent, expensive mess whose exact purpose isn't clear.
You want them to go back to being finishing schools for the wealthy, as they were before Hopkins (funnily enough) founded the first institute in the US that would be seen as a form of a modern university today?
For people who aren't financially independent, education is a means to an end. Pretending that's not the case or worse, shouldn't be the case, is absurd to ask of anyone running a school and highly damaging to society in general, and the mix of "vocational training" and "classic academia" provided by most US universities seems to work extremely well.
You're putting words in my mouth. I merely pointed out that they have a very confused mission thus I think it is not surprising that there is dysfunction.
We have vocational trade schools. We have professional guild schools (medical, dentistry, etc). At least some subset of students attends school with the intention of becoming professional researchers (ie pursuing a PhD, then a postdoc, then finally general employment).
I think it would be reasonable to expect undergraduate institutions to set unambiguous goals for each program. Students should know what they are signing up for. It would be fine to graduate with a certain amount of time spent explicitly on general education and a certain amount spent explicitly on vocational training with a specific target.
If you claim that education is a means to an end then what of (for example) history majors? I think the bachelors diploma itself is what became a means to an end much to the detriment of "pure" academia. The CS program at my undergrad spent time teaching us how to use version control. That's fantastic for a professional programmer but how does that have anything to do with CS as an academic pursuit? You can literally do much (perhaps all) of actual CS with nothing more than a pen and paper.