By the numbers: The U.S. has more than 700,000 open technology jobs, but universities are producing only about one-tenth that number of computer science graduates.
U.S. colleges aren't producing enough graduates with the skills companies need. So corporations are partnering with community colleges and alternative credentialing programs to build worker pipelines.
What's happening: Tech companies in particular are helping design curriculums to ensure students graduate with the exact skills they need to walk directly into jobs.
- In Phoenix, 10 local community colleges are working with Intel, Boeing, Apple and Cisco to teach specific skills so students can immediately work in emerging fields such as autonomous driving and blockchain-related businesses.
- IBM has partnered with 19 community colleges to review curriculums, provide in-class expertise and apprenticeships to prepare students for "new collar" jobs in areas like cloud computing, cybersecurity and mainframes.
- Facebook, Tableau and others award co-branded certificates with community colleges through startup Pathstream.
- Alternative programs like those offered through the coding boot camp Lambda School are built around the skills Google, Amazon, Microsoft and others say they are seeking in employees.
What's happening: Investment in existing higher education facilities was at an 11-year high in 2018, according to a report last year by Sightlines that pulled data from more than 360 campuses.
- Driven by ultra-low interest rates in recent years, colleges and universities borrowed a record $41.3 billion through municipal bonds (their principal source of debt funding).
- That’s up from $28.7 billion a decade ago.
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Reference > Axios Deep Dive 
