Friday, June 8, 2012

A master degree for $ 100?!

Forbes re-ran an old piece of theirs yesterday.  The title was How Would You Like A Graduates Degree For $100? It's not talking about the online scams, though it is an online course.  To summarize a Standford professor, and inventor of google, realized that the traditional way to teaching in college wasn't cutting it.  A few star students excelled and the rest seemed to languish. So he decided a new method had to be discovered.

Well leave it to the inventor of Google to come up with a new concept of education, and applying market economics to it.  Rather than charge thousands of dollars per class for degrees that have dubious value, he decides to offer degrees at a significant discount using online teaching as  a way to reach a broader audience and increase instructor efficacy.  A masters in English for $ 40,000? ludicrous. A masters for a few hundred? Well that seems more in line with how much such a degree is really worth in the market now ad ays.

Of course such a move will cause tension amongst traditional academia. But universities are going to have a much tougher time dismissing an online program created by an inventor of google, and a Stanford professor.  I wish Sebastian Thrun luck.

No comments:

Post a Comment

Disagreements and countervailing views are welcome, however, comments will be deleted if:

-They have emoticons.
-If it is obvious that you have not read the post.
-Obvious Spam, and it takes me about a quarter second to determine if it is spam since you all write your comments the same way.

About Me

My Photo
Seattle resident whose real name is Kevin Daniels. This blog covers the following topics, libertarian philosophy, realpolitik, western culture, history and the pursuit of truth from the perspective of a libertarian traditionalist.