Results from a Survey About Education
• John Vandivier
Early results based on a recent Alternative Creds Baseline Attitudinal survey. Sampled 2/26.
Outline:
- Survey Objective and Content
- Findings
- Some Related Theory
- Related External Articles
- [Statement, not a question]: Alternative credentials include certificates, documents, and other proof of receiving education, other than traditional credentials. Traditional credentials include a high school diploma or an undergraduate degree from an accredited university. An example of an alternative credential is a Nanodegree from Udacity.
- Have you heard of any of the following online course providers? (Checkbox MultiSelect)
- Udacity
- Udemy
- Coursera
- Pluralsight
- Lynda.com
- For many professions, alternative credentials can qualify a person for an entry-level position.
- It will soon become fairly conventional for high school graduates to obtain alternative credentials instead of going to college.
- When you add up the pros and cons for cryptocurrency, it's probably a good thing for society overall.*
- When you add up the pros and cons for online education, it's probably a good thing for society overall.*
- When evaluating an applicant's education, it is important is important to check whether the degree was awarded from a US institution.**
- Do you contribute to hiring and firing decisions at your company? (yes/no/unemployed)
- Do you work in a STEM profession? (yes/no/unsure)
- Which of these industries most closely matches your profession?
- Agriculture
- Education
- Energy
- Finance, Investment, or Accounting
- Health
- Information Technology
- Law
- Manufacturing
- Military
- Other
- Retail
- Transportation
- Overall, people tend to think alternative credentials may qualify candidates for an entry level position, and they will soon be fairly conventional.
- Overall, people are more favorable of alternative education than cryptocurrency.
- Individuals making hiring and firing decisions are weakly more favorable to alternative entry.
- Industry effects matter. Transportation was unexpectedly very bad for alts. Health, accounting, and law were bad as expected. IT was better as expected.
- By region, the west coast was most friendly to alternative entry. The East North Central States were most significantly and strongly opposed.
- Age was significant, with a negative linear effect and a positive marginal effect.
- Gender was not significant.
- Anti-innovation bias was significant, but not anti-foreign bias.
- Information Technology professionals are uniquely unsure about whether they work in STEM.
- Foreign degrees are not recognized here
- Foreign degrees are bad for some non-obvious reason, but as a result they serve as a signal of bad decision making
- Getting one in and of itself is a weirdmaking signal. The degree may lose it's signal of conformity to social norms.
- If it turns out that the foreign degree is higher net cost and lower net quality then it can be seen as an overall bad consumption decision.
- People with foreign degrees typically have lower productivity, IQ, or observable skills
- Pros
- Alternative paths are heterogenous and multi-specific. As a result, it may be easier to find an existing alternative path which fits an individual well, as opposed to the traditional situation where an individual must self-adjust to match the traditional education system.
- More effective learning at a lower cost, sometimes.
- Cons
- May signal nonconformity.
- May reduce adaptability and subservience (See 1.1).
- May not be recognized by a particular employer.
- Less effective learning at higher cost, sometimes.