Wednesday, August 21, 2013
“The Georgia Institute ofTechnology plans to offer a master’s degree in computer science through massive open online courses for a fraction of the on-campus cost, a first for an eliteinstitution.”
Georgia Tech has one of the country’s best computer science programs and they are a pioneer here. The college hopes that they might have as many as 10,000 students from all over the world.
Will this be the tipping point in changing how college is delivered?
Tuesday, August 20, 2013
Tuesday, August 13, 2013
"We're talking to a country that no longer has a relationship with the shovel."
"I'd say one trillion dollars in student loans is no joke. And I'd conclude by suggesting that we are lending money that we don't have to kids that can't pay it back to train them for jobs that no longer exist."
Sunday, August 11, 2013
Post by Robb Sexton
As an entrepreneur, inventor (hundreds of patents globally) and businessman, I have both violated and held steadfast to many of the principles that John advocates in this blog.
John’s frank assessment of the new reality surrounding the Return on Investment of many college educations is particularly personal to me. I, like many other aspiring entrepreneurs, only attended college for two years. A series of personal events and circumstances put me at the crossroads of joining the burgeoning electronics and computing revolution or finishing college. I chose the latter.
Conventional wisdom then and now should have made the decision to stay in school easy. But based on my upbringing, my experiences, the tumultuous times, and a near-death experience, I chose to put forgo the last couple of years. In my case this decision actually helped enable my success not deterred it, and that was at a time, when the job market gave more “credit” to a college degree than it does today.
Make the decision for yourself. Don’t go to college simply because you can’t figure out anything better to do. And if you choose to go the college route, by all means have or find a future vision and don’t take on “easy” debt to pay for an education that could derail that vision before it begins.
Chairman, NeWire, Inc.
Chairman, NeWire, Inc.
Saturday, August 10, 2013
About 58% of those that start college graduate within six years.
And of those that have recently graduated, approximately 46% are working at a job that requires a college education.
So let’s do the math. That would mean that those that attend college and end up getting some financial gain from the education is approximately (58% times 46%) = 26.7% (let’s call it roughly one in four). Not the best odds.