This is kind of a weird mix of points. Ignoring his political axe-grinding, I think the value of a college degree is increasingly in question for many fields because the price has risen wildly for decades without a corresponding increase in market value. (Except perhaps for elite-institution degrees, which are more about the brand and the network than what people actually learn.)
I think we haven't seen at least a partial collapse only because most American companies are bad at hiring, bad at investing in workers, and bad at keeping them. But imagine a company where programmers are happy and tend to say for years. That company might do just as well, or perhaps better, running an in-house boot camp and apprenticeship program as by hiring new grads.
I think we haven't seen at least a partial collapse only because most American companies are bad at hiring, bad at investing in workers, and bad at keeping them. But imagine a company where programmers are happy and tend to say for years. That company might do just as well, or perhaps better, running an in-house boot camp and apprenticeship program as by hiring new grads.