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The biggest companies in the world are in computers, oil, and autos. The biggest growing of those, who mostly weren't even around 40 years ago, are in computers and related high-tech industries. That is where the opportunities for economic expansion are both highest and easiest to find.
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Not everyone who works in the technology sector needs a university degree. In fact,
most of the jobs don't require one. An aspiring young IT professional would be better served by a two-year program from SAIT (or similar) in which they earn a few Cisco, Microsoft, or *nix certifications than they would by completing a 4-year computer science degree. If they're sufficiently motivated and have access to a home lab environment, they don't even need post-secondary at all and could just buy a few books and train themselves.
Someone wanting to get into software development or hardware design would be well-advised to pursue a CS or EE degree, respectively, but those aren't the only possible technology jobs. Most technology careers don't require that level of higher education.