Will Financial Crisis Drive Students Back To CS?

from the but-does-CS-want-them? dept

There's some talk these days about how the financial crisis on Wall Street may be driving some students back to computer science. You may recall that during the dot com boom, enrollment in CS programs boomed, as it suddenly became a fast track to getting rich (or so some folks thought.) But, of course, the end result was that a lot of folks in CS weren't really that into actual computer science, but were just looking for the fastest ticket to getting rich. After the dot com bubble burst, many shifted their attention back to Wall Street, which had been the get rich quick path prior to the dot com boom. So, now that Wall Street seems to be imploding, there's talk again about students coming back to CS. While some see this as a good thing, you're again left with the same question: are these the types of folks who we really want in CS programs? If their sole determinant for area of study is what's likely to make them richest as fast as possible, they're not necessarily the folks who are really going to contribute very much to the space. There's nothing wrong with making labor decisions based on how much it may pay, but folks who focus on getting rich as fast as possible have a habit of screwing things up for everyone else pretty badly at times.
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Filed Under: computer science, financial crisis, get rich quick, students


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  1. identicon
    Liquid, 1 Oct 2008 @ 4:48am

    Re: Industry will weed them out

    @Michial

    I complete agree with this statement:

    "IT is also not your typical field either, most great grunt IT people (Network Admin, Programmers etc) don't have the abilities or people skills to manage, so they tend to remain at the bottom of the food chain while the management levels are consumed by these people trying to get rich quick"

    That is one of the few things that this industry needs to have happen or keep happening. You also don't want to see all the people flood colleges and go to school for 4 years to get a bachelors degree only to piss it away to be stuck in Helpdesk positions taking up jobs that more qualified IT Profesionals could have. Only then to realize that they didn't wont to spend the rest of their lives working on computers, networks, servers, etc... Then leaving the industry to go persue some other thing that could help them make a ton of money as quickly as possible.

    I my self have spent 4 years in school not to mention 6-7 years prior to that working on computers personally in my spare time as a hobby. Only to realize after high school that this is what I wanted to do with the rest of my life after I got a job at a factory working 12 hours a day 7 days a week. I would rather work on things that I am passionate about then working in a job field that I only have fraction of an intrest in.

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