Why Students Are Leaving Engineering
Ted writes "A former engineering major has written an interesting article explaining why he thinks many smart students are not studying engineering anymore." Many business leaders have commented on the lack of engineers and several companies have even started initiatives to help bolster our diminishing ranks. Will these measures be enough, or does the system require much more drastic measures?
and now I'm in med school, training for a job that can't be outsourced.
Reality Check, let alone potential visa doctor attacks. H1B's are not just for computers.
Snippets:
Three months ago, Howard Staab learned that he suffered from a life-threatening heart condition and would have to undergo surgery at a cost of up to $200,000 -- an impossible sum for the 53-year-old carpenter from Durham, N.C., who has no health insurance.
So he outsourced the job to India.
Taking his cue from cost-cutting U.S. businesses, Staab last month flew about 7,500 miles to the Indian capital, where doctors at the Escorts Heart Institute & Research Centre....replaced his balky heart valve....Total bill: about $10,000, including round-trip airfare and a planned side trip to the Taj Mahal.
"The Indian doctors, they did such a fine job here, and took care of us so well," said Staab...
Last year, an estimated 150,000 foreigners visited India for medical procedures, and the number is increasing at the rate of about 15 percent a year, according to Zakariah Ahmed...
Although they are equipped with state-of-the-art technology, hospitals such as Escorts typically are able to charge far less than their U.S. and European counterparts because pay scales are much lower and patient volumes higher, according to Trehan and other doctors. For example, a magnetic resonance imaging (MRI) scan costs $60 at Escorts, compared with roughly $700 in New York, according to Trehan.
Moreover, he added, a New York heart surgeon "has to pay $100,000 a year in malpractice insurance. Here it's $4,000."
. . . .
True, it may not eliminate the entire need for local doctors, but it could glut the market for a long time.
Table-ized A.I.