David Robinson, who completed a one-year postgraduate diploma in adult nursing, was informed that his course was ineligible for maintenance loans, requiring repayment at an accelerated rate.
The core of the argument is that agentic AI will replace human labor in most white-collar industries and will do so with dizzying speed. The consequent abrupt and massive job displacements will lead to crashes in property values and local tax bases, with devastating impacts on communities and much of the public sector.
One of my favorite movies is Good Will Hunting. Will Hunting (played by Matt Damon) is a 20-year-old janitor at the Massachusetts Institute of Technology. Although he works a blue-collar job, he is secretly a self-taught genius with an extraordinary gift for mathematics and an exceptional memory. One day, he anonymously solves a complex math problem left on a chalkboard by Professor Gerald Lambeau, astonishing the faculty.
I was like, 'What do you mean, I can actually work and take some classes?' I didn't even know there were apprenticeships out there, because I thought it was something of the past. That was my dream-to go into some field of engineering-so it was great to find something like AT&T, which has an apprenticeship program where you can jump into it, which later becomes software engineering.
Engineering jobs often require rigorous coursework if not a higher degree, and the scarcity of qualified engineers means employers are willing to pay high wages. Notably, the engineering field with the lowest mid-career median wage is still in the six-figure range.
It can be scary to borrow large student loans to finance an expensive college degree. There is a market failure, however, every time a student does not attend their preferred college, study their preferred major, or pursue their preferred career because they are afraid of student loans. Students should be free to pursue their passions - not forced into second-best choices because of the cost of the degree or the prospect of a lower income in the future.
The state saw a 5.53 percent increase, with distance education enrollment rising from 56.1 percent in 2022 to 59.2 percent in 2023, the most recent year for which data is available. The findings are based on an analysis by eLearning Industry, an online learning platform, using National Center for Education Statistics postsecondary data tracking changes in distance education enrollment across U.S. states.
Young people are "experiencing higher education differently, and that is shaping much of what parents are saying," said Lammers. "[Parents] are reacting to the questions their children are asking and trying to find the best way to help them navigate the next steps."
