Live-Work-Play-Shop-Learn in 2020
College campuses seem to always be expanding but it is time for “experience” to outweigh advanced degrees in most areas of study. Can families really afford to send a child to college and graduate with a degree that has limited marketability? Sure, expanding their knowledge and awareness is important but the cost per semester hour does have limitations.
Home
schooling will be on the rise - elementary through high school
Distance
learning opportunities will increase.
What is more
important – an MBA or 2-yrs experience?
Tuition for a
“typical” MBA takes 2-years and costs $60,000.
Starting Salary without
an MBA $40,000
Stating Salary with an
MBA $60,000
A University
was advertising for an “Assistant Director for Trips” ---- requires a MBA!
Really!
Do you really
think that academia will use the internet to replace the “brick and mortar”
institution?
Not when research is key to survival.
Limited internet applications but
certainly for continuing education, MBS’s and distance learning will have a role to
supplement semester learning.
During the
recession, most schools actually continued their construction programs.
In 2012, over 90% of companies offer some type of educational
assistance program for their employees.
Top Ten Schools with endowments over 5 Billion $$$$$$$
School name (state)
|
End of fiscal year 2012 endowment
|
|
Harvard University (MA)
|
$30,745,534,000
|
|
Yale University (CT)
|
$19,264,289,000
|
|
Princeton University (NJ)
|
$17,404,002,000
|
|
Stanford University (CA)
|
$17,035,804,000
|
|
Massachusetts Institute of Technology
|
$10,149,564,000
|
|
Columbia University (NY)
|
$7,654,152,000
|
|
University of Michigan—Ann Arbor
|
$7,586,547,000
|
|
Texas A&M University—College Station
|
$7,032,203,615
|
|
University of Pennsylvania
|
$6,754,658,000
|
|
University of Notre Dame (IN)
|
$6,444,599,000
|
SOURCE: Devon Haynie is an education reporter at U.S. News
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