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WSJ: Certificates aren't paying off either So no bootcamps, no masters, no certificates = NO SHORTCUTS TO CHANGING CAREERS. Exercise extreme caution before trying to get into tech without a full degree.

r/codingbootcamp

u/michaelnovati posted · · edited
WSJ: Certificates aren't paying off either So no bootcamps, no masters, no certificates = NO SHORTCUTS TO CHANGING CAREERS. Exercise extreme caution before trying to get into tech without a full degree. SOURCE: [https://www.wsj.com/lifestyle/careers/more-workers-are-getting-job-skill-certificates-they-often-dont-pay-off-be49236f](https://www.wsj.com/lifestyle/careers/more-workers-are-getting-job-skill-certificates-they-often-dont-pay-off-be49236f) AI SUMMARY: * **Most credentials don't deliver value**: A new study by Burning Glass Institute found that only 1 in 8 nondegree credentials (certificates, badges, online courses) provided notable pay gains within a year of completion. * **Market has exploded**: Over 700,000 different nondegree credentials were available in the U.S. in 2022, with short-term certificates increasing by 33% between 2013-2023, as institutions spot a lucrative business opportunity. * **Limited returns even from elite programs**: Even certificates from prestigious institutions often fail to deliver - for example, Harvard Extension School's $13,760 Project Management Certificate showed minimal impact on career advancement or pay increases. * **Healthcare credentials perform best**: The top-performing credentials that did make a difference (averaging $5,000 extra annually) were primarily in nursing, radiology, and other medical fields where credentials are valued by employers and labor is in high demand. * **Workers and employers struggle to evaluate options**: With thousands of choices available, workers have few tools to assess which programs are worthwhile, and employers often don't know which credentials to value. * **Success requires the right mindset**: Experts recommend viewing credentials as skill-building opportunities rather than golden tickets - workers should identify in-demand skills from job postings and use credentials to acquire and validate those specific competencies. * **Many programs lack industry input**: Poor outcomes often result from credentials being designed with "a loose understanding of what it takes for somebody to get hired in the field" rather than sufficient employer feedback.