<p>I’ll have a couple of footnotes to add.</p>
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<li>I doubt that engineers in the field would be less educated or knowledgeable than recent grads 10 years younger than them. If anything, they are learning the new paradigms that are trickling down to how it’s taught in academia.</li>
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<p>1a. Nevertheless, after several years companies would likely prefer recent college grads to older engineers because ITS CHEAPER TO HIRE THEM. I guess you can say this is true of many fields; I guess it depends on the degree of competency variance in the field (i.e. in sales the variance would be very high) and how much experience becomes valuable ahead of education. If variance and the value of experience are high in the field, this wouldn’t happen.</p>
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<li>An engineering degree can be a valuable ticket to consulting/ management/ finance type jobs, if that’s your cup of tea.</li>
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