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The market speaks.

Saw this evil piece today from some engineering nerd who believes they're at the peak of critical thought.

For too long, these colleges have clung to the notion of being uniquely “noble”, insulated from market pressures and buffered by government funding and external endowments.

A particularly stubborn myth is that liberal arts education has a monopoly on cultivating critical thinking. This belief not only discounts the intellectual rigour demanded in Stem fields but also perpetuates an outdated hierarchy of disciplines. Critical thinking is not the sole attribute of literature and philosophy department

Rather than worry about funding cuts or condemning their threat to academic purity, liberal arts institutions should embrace a market-oriented mindset.

Fears about “dumbing down” degrees or commodifying education can be addressed through market accountability and employer feedback.

Now I'm no longer in school, it's been years. And I know there are a range of "sympathies" toward higher education (ideological state apparatuses and all that jazz), and I could also imagine good points being made about the need for better engineering in the United States and the west.

But I still hated this article telling schools to bow down to the free market, shut down their English departments, and recognize the engineers at Palantir as the pinnacle of human thought.

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[-] ChaosMaterialist@hexbear.net 33 points 1 week ago

For too long, these colleges have clung to the notion of being uniquely “noble”, insulated from market pressures and buffered by government funding and external endowments.

Buddy, have you seen the market pressures of STEM grads? Clearly he doesn't read any STEM literature published by STEM organizations. Let me share an IEEE article from 2013 that dunks on this STEMlord. While this article is primarily arguing against STEM worker shortage arguments in style at the time, it does make several salient remarks about the employment market for STEM.

And yet, alongside such dire projections, you'll also find reports suggesting just the opposite—that there are more STEM workers than suitable jobs. One study found, for example, that wages for U.S. workers in computer and math fields have largely stagnated since 2000. Even as the Great Recession slowly recedes, STEM workers at every stage of the career pipeline, from freshly minted grads to mid- and late-career Ph.D.s, still struggle to find employment as many companies, including Boeing, IBM, and Symantec, continue to lay off thousands of STEM workers.

Two thirds to Three Quarters of STEM grads do not work in a STEM field.

Another surprise was the apparent mismatch between earning a STEM degree and having a STEM job. Of the 7.6 million STEM workers counted by the Commerce Department, only 3.3 million possess STEM degrees. Viewed another way, about 15 million U.S. residents hold at least a bachelor's degree in a STEM discipline, but three-fourths of them—11.4 million—work outside of STEM.

We graduate three times the STEM workers than the number of open positions every year. And that doesn't count the number of existing STEM majors that don't work in STEM fields.

The Georgetown study estimates that nearly two-thirds of the STEM job openings in the United States, or about 180 000 jobs per year, will require bachelor's degrees. Now, if you apply the Commerce Department's definition of STEM to the NSF's annual count of science and engineering bachelor's degrees, that means about 252 000 STEM graduates emerged in 2009. So even if all the STEM openings were entry-level positions and even if only new STEM bachelor's holders could compete for them, that still leaves 70 000 graduates unable to get a job in their chosen field.

Of course, the pool of U.S. STEM workers is much bigger than that: It includes new STEM master's and Ph.D. graduates (in 2009, around 80 000 and 25 000, respectively), STEM associate degree graduates (about 40 000), H-1B visa holders (more than 50 000), other immigrants and visa holders with STEM degrees, technical certificate holders, and non-STEM degree recipients looking to find STEM-related work. And then there's the vast number of STEM degree holders who graduated in previous years or decades.

Even in the computer and IT industry, the sector that employs the most STEM workers and is expected to grow the most over the next 5 to 10 years, not everyone who wants a job can find one. A recent study by the Economic Policy Institute (EPI), a liberal-leaning think tank in Washington, D.C., found that more than a third of recent computer science graduates aren't working in their chosen major; of that group, almost a third say the reason is that there are no jobs available.

And just for the money shot, the IEEE calls out the whole industry.

What's perhaps most perplexing about the claim of a STEM worker shortage is that many studies have directly contradicted it, including reports from Duke University, the Rochester Institute of Technology, the Alfred P. Sloan Foundation, and the Rand Corp. A 2004 Rand study, for example, stated that there was no evidence "that such shortages have existed at least since 1990, nor that they are on the horizon."

That report argued that the best indicator of a shortfall would be a widespread rise in salaries throughout the STEM community. But the price of labor has not risen, as you would expect it to do if STEM workers were scarce. In computing and IT, wages have generally been stagnant for the past decade, according to the EPI and other analyses. And over the past 30 years, according to the Georgetown report, engineers' and engineering technicians' wages have grown the least of all STEM wages and also more slowly than those in non-STEM fields; while STEM workers as a group have seen wages rise 33 percent and non-STEM workers' wages rose by 23 percent, engineering salaries grew by just 18 percent. The situation is even more grim for those who get a Ph.D. in science, math, or engineering. The Georgetown study states it succinctly: "At the highest levels of educational attainment, STEM wages are not competitive."

Given all of the above, it is difficult to make a case that there has been, is, or will soon be a STEM labor shortage. "If there was really a STEM labor market crisis, you'd be seeing very different behaviors from companies," notes Ron Hira, an associate professor of public policy at the Rochester Institute of Technology, in New York state. "You wouldn't see companies cutting their retirement contributions, or hiring new workers and giving them worse benefits packages. Instead you would see signing bonuses, you'd see wage increases. You would see these companies really training their incumbent workers."

"None of those things are observable," Hira says. "In fact, they're operating in the opposite way."

So why the persistent anxiety that a STEM crisis exists? Michael S. Teitelbaum ... has studied the phenomenon, and he says that in the United States the anxiety dates back to World War II. Ever since then it has tended to run in cycles that he calls "alarm, boom, and bust." He says the cycle usually starts when "someone or some group sounds the alarm that there is a critical crisis of insufficient numbers of scientists, engineers, and mathematicians" and as a result the country "is in jeopardy of either a national security risk or of falling behind economically."

"The government responds either with money [for research] or, more recently, with visas to increase the number of STEM workers," Teitelbaum says. "This continues for a number of years until the claims of a shortage turn out not to be true and a bust ensues." Students who graduate during the bust, he says, are shocked to discover that "they can't find jobs, or they find jobs but not stable ones."

Clearly, powerful forces must be at work to perpetuate the cycle. One is obvious: the bottom line. Companies would rather not pay STEM professionals high salaries with lavish benefits, offer them training on the job, or guarantee them decades of stable employment. So having an oversupply of workers, whether domestically educated or imported, is to their benefit. It gives employers a larger pool from which they can pick the "best and the brightest," and it helps keep wages in check. No less an authority than Alan Greenspan, former chairman of the Federal Reserve, said as much when in 2007 he advocated boosting the number of skilled immigrants entering the United States so as to "suppress" the wages of their U.S. counterparts, which he considered too high.

Governments also push the STEM myth because an abundance of scientists and engineers is widely viewed as an important engine for innovation and also for national defense. And the perception of a STEM crisis benefits higher education, says Ron Hira, because as "taxpayers subsidize more STEM education, that works in the interest of the universities" by allowing them to expand their enrollments.

(emphasis obviously mine)

:::spoiler Oh, the article calls out this techbro's argument out directly.

Emphasizing STEM at the expense of other disciplines carries other risks. Without a good grounding in the arts, literature, and history, STEM students narrow their worldview—and their career options.

In a 2011 op-ed in The Wall Street Journal, Norman Augustine, former chairman and CEO of Lockheed Martin, argued that point. "In my position as CEO of a firm employing over 80 000 engineers, I can testify that most were excellent engineers," he wrote. "But the factor that most distinguished those who advanced in the organization was the ability to think broadly and read and write clearly."

[-] Sebrof@hexbear.net 10 points 1 week ago* (last edited 1 week ago)
this post was submitted on 29 Nov 2025
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