I don’t buy it.
If it were true, then salaries would have been rising all these years. As it is, salaries had basically been stagnant from my experience until Trump happened. I’m actually making a bit less than I was a decade ago despite having significantly more responsibility and needing far more technical knowledge.
My idea......no more student loans for liberal arts. If you want student loans it’s gotta be science, business, engineering, etc Economically useful majors only. That will help reduce the influence of Commies in Academia, Stop the growth of default on ever larger student loans and provide a lot more people with the skills companies actually need.
Not only this; but experientially, corporate thought tends to run to the idea that any and all training is exclusively a cost
.
The idea is astounding, and entirely insane and hypocritical — especially when the employer-side is constantly whining and complaining about a lack of loyalty on part of employees while showing zero loyalty to those employees.
Just take a look at IT job-postings; it's common to see Entry Level requirements of 5-years experience — I've seen a few 10-year requirement jobs as well — and often hyper-specific requirements, like particular version of their OS, environment, tools etc.