The Disappearing American Grad Student (nytimes.com)
There are two very different pictures of the students roaming the hallways and labs at New York University's Tandon School of Engineering. At the undergraduate level, 80 percent of the students are United States residents. But that number, The New York Times reports, falls below the 20 percent mark when you move to the graduate level (Editor's note: the link could be paywalled). From the report: The Tandon School -- a consolidation of N.Y.U.'s science, technology, engineering and math programs on its Brooklyn campus -- is an extreme example of how scarce Americans are in graduate programs in STEM. Overall, these programs have the highest percentage of international students of any broad academic field. In the fall of 2015, about 55 percent of all graduate students in mathematics, computer sciences and engineering were from abroad, according to a survey by the Council of Graduate Schools and the Graduate Record Examinations Board. In arts and humanities, the figure was about 16 percent; in business, a little more than 18 percent. The dearth of Americans is even more pronounced in hot STEM fields like computer science, which serve as talent pipelines for the likes of Google, Amazon, Facebook and Microsoft: About 64 percent of doctoral candidates and almost 68 percent in master's programs last year were international students, according to an annual survey of American and Canadian universities by the Computing Research Association. In comparison, only about 9 percent of undergraduates in computer science were international students (perhaps, deans posit, because families are nervous about sending offspring who are barely adults across the ocean to study).
The cost of education has skyrocketed to the point that it may have just become a bad investment. The cost of graduate degrees if one is required to get student loans to complete leaves you with years and years of debt. If you aren't lucky enough to land a high paying job as soon as you complete you degree you are left struggling to make the investment in education worth it. Basic economics-high cost means people won't buy. Numbers will most likely continue to fall as cost rises.
Sent from my TARDIS
Education is no longer about advancing human knowledge or you making a contribution to that unless you started out independently wealthy. Getting a higher education is largely about being more valuable in the job marketplace to obtain more income. The value proposition of a PhD or a Doctorate in this context is suffering due to the Law of Diminishing returns. The cost of college education has increased dramatically due to the high availability of student loans and the amount of additional income you get from having such a credential is not proportional to the cost. It seems to me, some people depending on their needs consider a Bachelors Degree or an MBA to be the sweet spot in terms of garnering the income for their life's needs.
And you know... college is not the uber source of knowledge. If what you really seek is knowledge, you will always learn more from self-directed, focused study on the areas that you want to know more about. College is actually not the best source of information in my experience. Those with self drive will accumulate more knowledge faster without the college curriculum getting in their way.
We'll make great pets
Let's say you're in China/India, and want to work in the US.
You get your undergrad degree locally, and then come to the US to get a Masters. You then get to work for a few years on a visa (I think OPT-1), after paying for just 2 years of school. They could come as an undergrad in the US, but then you have to pay for 4 years of US school, which is not as good of a deal. This is the cheapest way to get a guaranteed work visa in the US--I would expect for some students, the schooling itself doesn't really matter, they are basically paying for the visa. And schools love it since they can get these students to pay full price for their Masters programs. The article itself mentions this visa program at the end in passing--but they miss the whole point.
Well if one person said so then clearly evey grad school program in every college must be exactly the same. *rolls eyes*
I have heard that second one straight from the mouth of an Associate Dean in a large US university's CS department.
Good old anecdata.
"Old man yells at systemd"
If I got a CS Masters degree, it wouldn't significantly affect my pay or my ability to get another job. If I got a PhD, it might, but the odds are not all that good.
So why get one? "Love of learning" is handled by side projects that don't require sending off large tuition checks, and I can do that on a schedule that fits with the rest of my life.
Want more STEM graduate students? You're gonna have to pay them more when they're done.
Completing a Master's or Ph.D. in a STEM field at a reasonably accredited U.S. university should guarantee a near-automatic offer of citizenship. To analogize to picking teams on the playground, these are the "ringers" you want on your team. They drive growth, and they're almost guaranteed to be net contributors with respect to taxes vs. social benefits.
Fixed it, thank you so much. Sincere apologies for the error.
So the premise of this post is that the US students couldn't understand the foreign accents but somehow all of the foreign students (for whom English was a second language) could magically understand it since students from Beijing have a magical ability to understand English spoken with an Indian accent or something like that?