Universities are honestly the strangest institutions. Responsible for the feeding & caring of the nation's Science People, but also for credentialing a *bunch* of random jobs via licensure reqs that are all over the place; conduit for a $1.5T debt crisis but still much beloved
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AFAICT, the last couple of years of grad school represent the fresh academic's "actually, it was Lord Xenu all along" watershed moment, as it is finally revealed that Science is actually just paper-shuffling to sate an endless hunger for grants that must be chewed into citations
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Why do employers like grads? I partially buy the "conscientiousness" explanation, although I'd point out that beyond demonstrating personal stick-to-itiveness, a degree shows that you aren't distracted by sick family, an immediate need for cash, etc. Yes, it's a class signal.
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...but I *mostly* think it's Things Being Done The Way Things Are Done. The guy who just got hired to do hiring does hiring the way everyone does it, because then noone can blame him for sticking his neck out if his hires suck. This is how many crappy aspects of the world work.
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My maximally cynical read is always fun, so here's mine re why employers like new grads: people in massive debt work like they have massive debt
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(Again, IMO the *actual* explanation is just that doing it the way it's always done reduces personal liability for decision-makers. There is some research showing that interview processes filter poorly for ultimate employee quality, making deviation from the status quo esp risky)
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This is another super valuable lens for understanding human systems: very often the explicit reasons people do things are *not* precisely the same reasons that those things are as adaptive as they are.https://twitter.com/0x49fa98/status/1227297875719118848?s=21 …
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But college isn’t just about graduate school. It’s also a (very course) method of determining an individual’s ability to stick to a plan. There aren’t a whole lot of great methods to measure this.
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If you're paying 6 figures and spending 4 years of your life on obtaining a certificate that supposedly credentials you as a Human Who Sticks to Plans, consider that maybe you are signaling something... else
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