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This $7,000 Online Master's Degree Is Scaring Colleges
Business Insider ^ | 08/29/2013 | MITCHELL D. WEISS

Posted on 08/30/2013 7:43:05 AM PDT by SeekAndFind

The Georgia Institute of Technology rocked the higher education world when it announced plans to offer a fully online master’s degree in computer science for roughly one-seventh the price of its on-campus equivalent – less than $7,000. The project is powered by a joint venture with Udacity, an online higher-education course provider that stands to earn 40 percent of the tuition revenues. The AT&T Corporation, which is providing two-thirds of the estimated ramp-up costs, expects to funnel existing employees through the program and recruit new ones at the back-end of it.

Reaction to the news has been mixed.

Online education advocates are excited about what they see as an opportunity for broad access to substantially more affordable higher learning.

Others worry that the wholesale democratization of higher education will lead to deteriorating outcomes and the diluted quality of advanced degrees—particularly as a larger number of students are attracted to the courses. There is also a fair amount of academic carping about the competition—how joint ventures such as this will hijack resources that might otherwise be used to develop and deliver the staff’s own groundbreaking programs.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Education; Society
KEYWORDS: college; education; educationbubble; mastersdegree; online; onlinedegree; onlineeducation
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To: sidetracked
My sister is a Nursing Director at a large hospital system. There is a huge business for test takers for nurses and Dr’s - the test taker gets a fake ID with the name of the person they are taking the test for, gets a couple thousand dollars, and takes the test. Voila - instant DR or Nurse without having to learn a thing.

Hell yes......and there's even an entire hit TV series where the lead character is based on this VERY idea (Suits).

61 posted on 08/30/2013 8:42:44 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: Jonty30
You really should read “The Diamond Age: Or, A Young Lady's Illustrated Primer” by Neal Stephenson if you're into sci-fi. It covers the “advanced technology as a substitute for human teaching” quite well.
62 posted on 08/30/2013 8:44:18 AM PDT by BigBankTheory
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To: ican'tbelieveit; cuban leaf
He said COBOL. I can believe it. ;)

/johnny

63 posted on 08/30/2013 8:45:05 AM PDT by JRandomFreeper (Gone Galt)
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To: Leaning Right; JRandomFreeper; C. Edmund Wright; sidetracked
Technology exists today that would discourage cheating. For instance every person has their own unique keystroke rhythm, and well as iris and thumbprint scans. There are likely others.

The point is for the free market to handle this.

64 posted on 08/30/2013 8:45:08 AM PDT by wintertime
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To: JRandomFreeper; ican'tbelieveit; cuban leaf

I started with COBOL on an IBM sys III

pre vt100 days.


65 posted on 08/30/2013 8:49:55 AM PDT by patton (“Really? Have you tried chewing cloves?”)
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To: wintertime; Leaning Right; JRandomFreeper; C. Edmund Wright; sidetracked; napscoordinator

You are so right...the free market will sort this out, unless that is, the cronyies in Big Ed are able to use the government as a blunt instrument to pervert the market. This is what liberals have done not only in education, but in energy, housing, mortgages, etc, for decades, and almost every free market failure in history was due to government perversion. Every free market recovery in history was due to the invisible hand of the market and the dyanamics it drives using human nature as the fuel.


66 posted on 08/30/2013 8:49:57 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: SeekAndFind
Direct, on-line access happend to movies, music, and publishing. Gatekeepers are losing market-share and they aren't happy about it. It's long past a time for the educational gatekeepers to also be challenged. Remember boys & girls - colleges are businesses.

This is also why Mamma Guv'mint has rushed to include itself by funding companies like Facebook and Google. Let's also not forget the machinations of the good old NSA. Mamma Guv'mint don't want the uppity Americans doing things without her.
67 posted on 08/30/2013 8:50:09 AM PDT by AD from SpringBay (http://jonah2eight.blogspot.com/)
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To: patton

A VT100?

Whazdat? /s


68 posted on 08/30/2013 8:51:41 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: cuban leaf

Spot on. All you need to do is get in the door. Really, if you’re good, all you need is an interview.


69 posted on 08/30/2013 8:53:17 AM PDT by tgusa (gun control: deep breath, sight alignment, squeeze the trigger .......)
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To: Standing Wolf

Show me a Marxist, and I’ll show you someone who not only can’t compete, but believes he’s entitled to stamp out the very idea of competition.

Which is why the Feds don’t like the 2nd Amendment.


70 posted on 08/30/2013 8:53:18 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: tgusa

The interview is the biggie.
If you can sustain the high pressure interview, were 3 people hit you all at once, keep your cool and stay sharp, you are likely to get the job.


71 posted on 08/30/2013 8:56:25 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: OneWingedShark

Lol.


72 posted on 08/30/2013 8:56:34 AM PDT by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: tgusa; napscoordinator

That is, of course, in the real world. In the world of academia, a self perpetuating scam that does some good by accident, they love to hire those who follow their own behind the times close minded career path.

This is why teachers get automatic raises when they get another post grad degree, There is no demonstrable improvement in their ability to teach, but since they have to pay tuition to big ed to get raises in big ed, this is how the whole stinky tenured system keeps sucking us dry.

Meanwhile, a good laptop and some traveling around the country or world can teach you more than any classroom ever could.


73 posted on 08/30/2013 8:56:46 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: Leaning Right

Which is how insurance licenses are usually done. Train on your own, with or without assistance, and then test at a monitored testing center.


74 posted on 08/30/2013 8:57:22 AM PDT by mykroar (China and Russia are playing chess while Obamas's playing 52 card pick-up.)
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To: mylife

An apple laptop.


75 posted on 08/30/2013 8:57:35 AM PDT by patton (“Really? Have you tried chewing cloves?”)
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To: patton

I don’t think so. LOL

Remember finger boning boot code?


76 posted on 08/30/2013 8:59:28 AM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: wbill

Employers know GA Tech degrees generally haven’t been diluted. At least the old school stuff like Engineering, Computer Science, Chemistry, Physics, etc. haven’t.

This isn’t a Liberal Arts college with a ton of Minority Womyn’s Studies majors and such.


77 posted on 08/30/2013 9:00:19 AM PDT by FreedomPoster (Islam delenda est)
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To: napscoordinator

Part of the issue is that online studying is just easier: you don’t have to commute, you don’t have to juggle your schedule with your regular job, you don’t have to work with and get along with other people in your class. If you want to watch the lecture at 2 in the afternoon or 6 in the morning or on Sunday night, you can do that. And with a $7000 degree, you don’t have to work even harder either before, during, or after you get your MBA to come up with the six-figure tuition at traditional schools. In other words, it’s just easier. Employers know this. If you show up with your $7000 degree, they know you were probably not as determined and probably didn’t have to make the sacrifices and accommodations and get as exhausted and still perform under pressure like the guy who has his MBA from Wharton or Georgetown or the University of Chicago. They will have an idea that the job candidate with the U of C degree clutched in his hot little hand will be able to perform when under physical, mental, and personal pressure.

No offense to anyone, but I did graduate work in a regular university and then took online courses recently, and despite the rigor of the material treated in the online courses, it was simply a whole lot easier since the need to be on campus was not present.


78 posted on 08/30/2013 9:02:16 AM PDT by ottbmare (the OTTB mare, now a proud Marine Mom)
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To: Jonty30

>>I think what will be really cool is when computer intelligence becomes competent enough to be conversant. You’d be able to interact with a computer program that can act as a teacher and you could be taught one-on-one until you get it.<<

That’s when social engineering will kick into high speed. The best part is you’ll love being converted into a rock solid Communist. The future will be guaranteed.


79 posted on 08/30/2013 9:02:59 AM PDT by B4Ranch (AGENDA: Grinding America Down ----- http://vimeo.com/63749370)
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To: mylife

Oh, yes.

And flipping through the book, to try and figure out what the 2-digit led error code meant.


80 posted on 08/30/2013 9:03:05 AM PDT by patton (“Really? Have you tried chewing cloves?”)
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