Are we starting to see the impact of a college cost/debt bubble? It seems that students are thinking twice about taking on college debt as others wonder if a college education has any value. When you couple this with tons of free online courses we may be seeing the beginning of a seismic shift. Here are some previous posts along with some I have recently added on this subject.
Is College Worth it Today? If you like this read my summary of Academically Adrift. @karolnyc @NYPost
Large Numbers of Students in California Foregoing College Because They Can’t Afford It @21stprincipal
Student loans: the next bubble. Would you lend money to someone without a credit history majoring in gender studies? @NYPost
Guide to Free, Quality Higher Education @rkiker
Colleges Realize They Can’t Keep Raising Tuition. @rkiker
I am one of those who think that college is no longer worth it, at least not for the majority of those who go there.
True, if you pursue an advanced degree for a specific purpose (like being a doctor), then school is a necessity.
But the multitudes who just go for a generic degree… not so much. There need to be other options to prove to an employer that you are capable of learning and that you have acquired some specialized knowledge besides spending way too much money on a sheet of paper.
Times have changed. College needs to get with it. I see partnerships like the Khan Academy and MIT as a great first step. But there are so many more possibilities!
Truly, we live in interesting times.
Here’s a relevant discussion that appeared in our edtech discussion group on LinkedIn this morning:
http://www.linkedin.com/groups/Learning-That-Works-4128804.S.115289226?qid=d72276b1-f1cb-4c61-9fdb-72b3596416f6&trk=group_most_recent_rich-0-b-cmr&goback=%2Egmr_4128804
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