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College students are swapping coding for healthcare: Goldman Sachs

A Goldman Sachs analysis finds college students increasingly choosing healthcare majors over computer science, driven by stronger job prospects and stability in the healthcare sector compared to the tech industry's recent layoffs and slower hiring.

Background

- The article reports a shift in US college students' career preferences away from tech (software engineering/"coding") toward healthcare fields like nursing, medicine, and biotech. - Goldman Sachs analysts cite declining interest in computer science majors and growing enrollment in health-related programs, driven by layoffs in big tech, AI's threat to coding jobs, and a post-pandemic appreciation for stable, in-person healthcare work. - This matters because it signals a potential long-term rebalancing of talent away from Silicon Valley, which has dominated elite graduate recruitment for over a decade, and toward an aging US population's growing demand for medical services.

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