When the world entered the new millennium, technology was riding high. So, the idea there would be a shortage of college graduates with technology degrees before the first decade of the 21st century had passed seemed ridiculous. But in 2008, that's the reality facing IT leaders. The number of college students majoring in technology-related fields is dwindling, and insurance IT leaders are worried about the future.
"I'm concerned," says Darby O'Neill, vice president of IT for Princeton Insurance. "I see the number of [technology] students going down, and I see [students] thinking IT is not a viable career for them. They give me the impression it's a hard job--too many hours and not enough pay. I also see them frightened of outsourcing."
A decade ago, O'Neill points out, computer science majors could name their price as they entered the job market. She contends there are many good jobs in the market today, but the fear of issues such as outsourcing, consolidation, and changing technology have caused young people to consider other options when they choose their college majors.
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