> Bell Labs’ One Year On Campus program, in which they paid new-grad employees to earn a master’s degree on the topic of Bell’s choosing
I wonder why companies don’t do this anymore. Is it something to do with the monopoly AT&T held, is it related to corporate tax structures, is it related to how easy it is to find PhD graduates who studied similar topics of interest, or is it something else entirely?
People used to spend entire careers at one company so investment in them pays off. I spent 10 years working for Bell Labs in the 1980s albeit as a contractor, and the bodyshop that employed me found it worthwhile reimbursing all educational expenses for a grade of C or better.
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