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
    Robert, 1 Oct 2008 @ 8:28am

    Here is the problem.

    Companies which hire foreign workers from India and 3rd world none-g8 countries in the end get their shit handed to them in a steaming bag. If you are not in control of your product directly, you have nothing but a liability which sucks up money. Anyways, what it comes down to is CS enrollment is down because our education system sucks in this country. Children don't learn in Grade school, junior high or high school because the hours they are forced to study every day is on par in my opinion of cram schools in Japan & Korea, the difference is Cram schools pay for nothing but the best professional teachers/professors money can buy. If we pay our teachers / professors at the k-12 institutions real salaries based on what they contribute to society, then we will inspire the best talent to teach, and the best talent will inspire the most open minded. Children seek the approval of those who they respect, and if we teach young people at young ages that academic in fields of engineering are fun and rewarding, then we will see more people head towards those careers.

    Unfortunately, I doubt any of this will happen. Big government is already captured by special interests, prison unions, prison corporations, pharmaceutical industry, military arms industry, banking industry, investment banking industry, Chemical Manufactures, Petroleum industry, and the list goes on. We have so many lobbyists taking the time and attention away from our people that the people no longer hold any significance in our society other than the worker ants which consume which that run it. Government now no longer considers ramifications—especially those in high places—to which what they do might harm and eventually destroy the very fabric which created this country. As the circle comes round, the issue leads back to money. People forget that history tells us that the real reason we broke off from Britain was usury, and the right to pursue happiness in whatever form it may be in. Big government with the help of industry puts a huge dampener and stifles our economy at large because it knows no morality.

    Anyways, just my 2 cents, and a babble at that.

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