The University System is Broken

The university system is broken.

Students are spending four years and over a hundred thousand dollars to earn degrees that leave them fundamentally unprepared for the workforce. Employers are frustrated, students are drowning in debt, and the whole system is stuck in the past.

A Waste of Money

College tuition has skyrocketed to absurd levels.

Source: U.S. Department of Education, National Center for Education Statistics

And that’s just the TUITION for ONE YEAR. When you add the cost of supplies, room, and board and THEN multiply that by the FOUR YEARS, the total cost of post-secondary education reaches a level that is technically deemed “$%#*ing ridiculous.”

As the cost of college keeps climbing, the return on investment just isn’t there. Most students graduate with massive debt but end up in jobs that don’t pay enough to justify the expense, and the financial burden forces many people into a cycle of debt that takes decades to escape.

A Waste of Time

Here’s the thing. It’s not just that college is stupid expensive. Even if college was FREE, it would still be a waste of time. In today’s world, you just can’t justify blocking off four years to learn about art history, macro economics, contemporary English literature, and ancient Chinese philosophy. And even those courses that are career related, merely teach theoretical knowledge — and it’s typically outdated or irrelevant theoretical knowledge at that.

So, despite having spent nearly half a decade at an institution of higher learning, pretty much all of us enter our first jobs as “zeros.” That is, we have no idea what our new job entails, how to perform it, how to use the necessary tools, nor how to even be a functional professional. This skills gap means companies have to spend significant time, money, and resources to take new hires from zero to one. In fact, many companies have become so sick and tired of pouring resources into training freshly minted college grads that they now avoid hiring entry-level employees altogether.

And even if universities were teaching the right things, they’re teaching them the wrong way. Job skills are just that — skills.

And the only way to master any skill is to learn it by doing it.

Over and over and over again.

The traditional lecture-centric, textbook-based passive learning model is a great way to acquire knowledge, but it is literally the WORST way to master skills. Could you imagine solely listening to lectures and reading textbooks in order to master riding a bike, doing standup comedy, or speaking a language fluently? Of course not. That would be #%$&ing absurd.

Well, the same goes for learning how to be a product manager, software developer, or account executive. Sitting in a classroom and listening to lectures for years doesn’t teach students the necessary professional skills, nor does it prepare them for the fast-paced, team-oriented environments they’ll encounter in their careers. Experiential learning (i.e., learning the job by doing the job) is the ONLY way to master the relevant technical and soft skills to be job ready. Yet universities stick to outdated teaching methods.

And please don’t mention internships to me. First, they prove my point. Internships are 100% learn-by-doing, which is why they’re effective. Second, although internships take place during people’s college years and colleges provide resources to help students find internships, these internships are with independent companies, and it’s those companies who are training the students, not the universities. Last, if college programs provided any practical benefit to students, those students wouldn’t need to get internships in the first place. But they don’t, so they do.

The Solution

[shameless, but true, self promotion alert]

So what’s the solution to the “university problem”?

A new category of post-secondary institution called the “career accelerator.”

This is what pega6 is. This is the category we’ve created. This is a superior alternative to college.

Instead of spending four years in a classroom listening to outdated lectures and reading ineffectual textbooks for $100,000, students can join career accelerators that enable them to master the technical and soft skills for a specific career path and provide employers with graduates who can hit the ground running from day one.

With the pega6 software development and product management accelerators, our students will learn to build software by spending one year BUILDING commercial-grade software in cross-functional teams using industry-standard and cutting-edge genAI tools. As a result, they’ll graduate as AI natives with the technical and soft skills needed to be job-ready from day one. And the tuition for being launched into their careers like they were shot out of a rail gun?

Only $15k. Total. For the entire program.

No, I’m not $^%&ing with you. THAT’S what career accelerators offer and why pega6 is going to change higher ed forever.

The university system isn’t just broken—it’s obsolete, and the future of education belongs to pega6 and the career accelerator, which is 10x more affordable, efficient, and effective than universities.

🫳🎤

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Doing It Wrong Since the Gilded Age: Why Universities Have Failed Us