a16z Podcast

The Question of Education

Sep 11, 2020
Dylan Field, CEO of Figma and a visionary in design, discusses the current education system's monopoly and its implications. He critiques rising costs and the value of degrees in today’s job market, posing questions about the true benefits of a college education versus practical skills. Field also shares insights on the impact of the pandemic, innovative educational alternatives, and career advice, particularly for those reconsidering traditional paths like college. Tune in for a thought-provoking take on the future of education!
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INSIGHT

The Purpose of College

  • Colleges provide education, social experiences, and job credentials.
  • They also act as outsourced personality tests for employers, filtering for conscientiousness.
ADVICE

College Attendance and Major Choice

  • If possible, attend and finish college due to employer expectations.
  • Carefully consider school and major, as their impact on income varies significantly.
INSIGHT

Impact of Major and School on Income

  • Hard disciplines (STEM) have flatter income distribution across colleges.
  • Soft disciplines (liberal arts) show greater income disparity, favoring top-tier schools.
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