"Yes, this is completely free for employers. For now." (!!!) I long for the day we've replaced high schools with a tremendous diversity of real-world project opportunities that put young adults exactly where they need to be to do work they *know they love*https://twitter.com/Austen/status/1039921578904043520 …
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LS is sounding sadly desperate here. Their central issue is that most people can't afford 6 months full-time without a credible promise of a job at the end. But tech companies are so powerful now, they don't have to promise or invest anything.
■ Most young people plan to take on massive debt to fund *at least* *four years* full-time with no credible promise of a job at the end ■ If tech companies' "power" gave them all the leverage in hiring, we wouldn't see comparably massive entry-level salaries in tech
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Companies have little leverage against graduates from major CS programs, and enormous leverage against people with certificates from newly-established coding schools. Even so, most companies don't want to replace (1) with (2).
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The veracity of the first statement relies on the second one, and the second one is pretty rapidly disintegrating (if changes in hiring practices at e.g. Google are any indication). Tech start-ups can't afford dumb preferences, otherwise known as "my competitor's advantage."
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Student debt is kind of special; I'm not even paying any interest on mine because of IBR. It's like if you could get the LS deal, *with room and board.*
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