Will Universities in America Go the Way of the Big Car Companies?

naval academy

“At least the Naval Academy is free”

Fifty years ago, in the glorious age of three-martini lunches and all-smoking offices, America’s car companies were universally admired. Everybody wanted to know the secrets of their success. How did they churn out dazzling new models every year? How did they manage so many people so successfully (General Motors was then the biggest private-sector employer in the world)? And how did they keep their customers so happy?

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The Ivory Tower is Headed for a Fall

ivory tower

Colleges must find ways to compete with their digital counterparts.

Wikipedia defines education as the process by which society deliberately transmits its accumulated knowledge, skills, and values from one generation to the next. Much like modern day monks transcribing the scrolls of our generation onto fresh sheets of papyrus, colleges have staked out their territory as the conveyors of wisdom and culture from generation to generation.

 

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As Free Online Courses are Made Available by Colleges, Others are Cashing In

free_video_learning

Many  colleges offering Open Course Ware free online

There is a  computer in Logan, Utah, holds syllabus details, lecture notes, problem sets and exams from more than 80 Utah State University courses: but this is no secret cheat-sheet site put together by rogue hackers and pirates. Anyone, anywhere, with an Internet connection — from Bill Gates down — can log on and download these materials without cost. The site, Utah State OpenCourseWare, http://ocw.usu.edu, is part of the OpenCourseWare network, itself part of an educational resources movement dedicated to opening and reshaping global access to higher education.

 

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Interview: Futurist Thomas Frey on the Future of Colleges and Universities

Thomas Frey

Futurist Thomas Frey

In Louisville, Colorado it’s common to run into Thomas Frey in the grocery store, working out at the rec center, or greeting people at events hosted by the DaVinci Institute. But outside the mundane city life in Colorado, Tom has emerged as one of the world’s leading futurists, routinely taking the stage at top events with well-known figures like Rudy Giuliani, Tom Peters, and Jack Welch.

 

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Even as the Cost of a College Degree Outpaces Inflation, A Handful of Colleges Pick Up Full Tuition

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Cadets at West Point receive a full scholarship and an annual salary to pay expenses. Graduates owe five years of active service.

Even as the price tag of a four-year college degree outpaces inflation, a handful of U.S. colleges and universities are going to extraordinary lengths to contain costs — by picking up full tuition for every student they enroll. Most colleges offering free tuition are military academies; several are engineering schools, where graduates are in short supply and demand is great.

 

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Government Takeover of the Student Loan System

College fund

If the Senate approves the  final piece of legislation, millions of students will get their federal loans directly from the Department of Education

“Government takeover!” So yelled the many critics of President Barack Obama’s health care reform bill. But in their focus on the main event, Republicans seem to have all but ignored another part of the legislation that more precisely fits their rhetoric. In addition to securing the President a victory on health care, the House bill took him one step closer to delivering on a promise to reform the college-student-loan system. If a final piece of legislation before the Senate is approved, millions of students will get their federal loans directly from the Department of Education. In other words, the federal government would sweep aside private competitors in the biggest change to the federal student-loan program since its creation in 1965. It’s a legitimate government takeover.

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Higher Ed: Under Seige

highered

The six most vunerable areas for colleges

After looking at all the signals, there is no other way to describe it. Colleges are under attack.

Several legs of the financial stools upon which they are sitting have been kicked out from under them, forcing higher tuition rates on an already cautious base of consumers. But money is only part of the equation. Cultural shifts, technological advances, and changes in customer perceived value are all working to create the perfect storm for colleges.

 

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Amazon Launches The New Kindle DX For Magazines, Newspapers and Textbooks

Launch Of The New Kindle DX For Magazines, Newspapers and Textbooks

Amazon CEO Jeff Bezos with the new Kindle DX

Amazon unveiled the Kindle DX this morning, an e-reader with a 9.7 inch screen that is 2.5 times larger than the Kindle 2, which debuted earlier this year. (Pics)

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