Rossmann: Traditional parental advice on college stopped working around 1999
Jeremy Rossmann · Jeremy Rossmann of Make School on Income Share Agreements and the Future of College · Y Combinator · Jun 19, 2019 · at 19:12
Jeremy Rossmann, co-founder of Make School, comments on the breakdown of historical higher education career pipelines.
0:00 / 0:04exact quote · 4.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“For many, many years they teach it to their kids and then it worked. And over the past 20 years it stopped working.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Jeremy Rossmann
Rossmann predicts Harvard will soon be recognized primarily as a luxury good
“Harvard is going to be more obviously recognized as a luxury good, as an expensive purchase that works for the elites. And it's something that if you can afford to get your kids there and you can afford to not focus on hard skills, then great. You've purchased…”
Rossmann: Most potential top software engineers are not natural autodidacts
“I'm now certain that like the majority of people who could be a great software engineer at a really competitive and selective company the majority of those people are not by default autodidacts who could just go to a MOOC and get all the information they need.”
Rossmann: Silicon Valley IPO wealth flows primarily to the top 20%
“And when you think about the fact that a hundred companies are going IPO this year in the Silicon Valley, we are having billions of dollars of wealth transferred to the founders, investors, and employees of companies who all on average come from the top 20% of…”
Rossmann predicts a higher education bubble will pop, closing many colleges
“I think there's going to be a pop in a sort of higher ed bubble where a lot of colleges are going to go out of business and it's going to be a lot of pain in higher ed because of this factor.”