In Washington state, this issue is currently debated (see article from Seattle Times below). I believe it is a bad idea, because (despite the claim that employers have difficult times finding employees), most of the new graduates eventually end up with
- Huge debts especially with a degree from U. Washington and its outdated curriculum (as opposed to Stanford, CMU, MIT, Berkeley, Harvard where better curriculum and student loans can still be successfully leveraged)
- Instead of studying, they could have earned money as a waiter, plumber or mechanic. Now after 4 years of studying without income and debt build-up, their job prospects are unchanged: waiter, plumber or mechanic.
Anyone has a different idea?
Bill would fund high-tech degrees by shrinking R&D tax credit
State lawmakers are considering downsizing a research-and-development tax break and using the money to produce more high-tech degrees.
Read article at http://seattletimes.nwsource.com/html/localnews/2017631270_rdtax01m...