¶ … College -- Importance, Values, and Goals The global labor market has changed dramatically over the last half century. Increasingly, access to jobs in technology and Internet communications don't require college degrees so much as the ability to successfully contribute to a technology start-up. A recent trend shows technology entrepreneurs hiring savvy undergraduates who have become disenchanted with college (William, 2012). These young whiz-kids -- often programmers who spend their days inventing new software applications and writing code -- reject the idea of spending years in classes that seem irrelevant to their interests and result in enormous student load debt (William, 2012). The problem with this mass migration away from higher education is that there are only so many jobs in the labor market that fit this mold. Like a "one and done" college-age hoopster who shows up on campus just to get noticed, with the hope that they will be drafted by the National Basketball Association, a high level of innate talent is necessary to make it to the top echelon in Silicon Valley or its corollaries (William, 2012). One can easily reverse the argument that college prepares people to be managers, executives, or enter professions like medicine and law -- and the number of those positions is limited -- to assert that the elite ranks of high-tech tend to fill up quickly (William, 2012). Indeed, the turnover in high-tech comes less from hierarchical advancement than it does from deliberate departures to begin yet another technology start-up...
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