320 karma · joined November 5, 2023
This should have been disclosed in the first paragraph
The moral of the story is that "best practices" are not a substitute for using your brain.
[0]: https://github.com/jt-hill/credkit
[1]: https://gist.github.com/jt-hill/839e1a6c51d28cbcb8fc69e61431...
It's early (v0.2.0) but works end-to-end and can produce an amortization schedule from loan characteristics
Up next are the actual credit risk features I wanted from the start.
Feedback welcome!
Except for the Toyota nerds who will want to come talk to you about the LFA. Ask me how I know!
I’m on Bluesky too, and it’s alright, but the internet has changed, the world has changed, and I have changed. It can’t ever be quite the same experience.
The types soft skills it takes to to be effective in the kinda crappy jobs described by the author can command much better remuneration in any number of other roles, and society has gotten much better at efficiently allocating that human capital.
If a college degree wasn't so important in the job market, do you think there we'd be handing out even 1% of the ones there are today? Sounds like a recipe for a lot of unemployed professors.
Either institutions maintain their standards or employers stop relying on the signaling value of the credential, and both are difficult coordination problems until the moment it becomes too late. I don't see a third option.
When better technology and lower standards allow disengaged students to pass, what you get is more disengaged students.
Don't hate the player — hate the game.
"The average college student today" is not uniquely lazy or lacking in character. They just have better tools to respond to the same incentives.
I'm not saying it's good - it's clearly an unsustainable trend, but the students are not the ones driving it, so they're not equipped to stop it.