Engineering students will migrate to dedicated engineering schools to get a quality education, rather than attending a place run by liberal arts subjective types.
One of our daughters chose Embry-Riddle, a university little heard of outside the aviation community. However, Embry-Riddle has a world-wide reputation in aviation. The higher private school tuition she paid has more that proved its worth by opening doors in industry and at NASA.
Our other three kids all graduated from nationally renowned universities and have done well in life. However, Embry-Riddle is the place which most impressed me as an institution of learning, HIGHER learning.
In related news, Georgia Tech has instituted an affordable, on-line masters program in computer science. http://www.gatech.edu/newsroom/release.html?nid=212951
Good engineering schools will develop efficient quality programs which meet the educational & financial needs of students & industry.
Objective standards & solutions, not the subjective liberal arts garbage.
“On time, above spec and under budget” should be their motto.
As someone who has set up many projects with scope, schedule and budget, as well as being responsible to meet them I tell you:
Anyone who consistently is under budget, is a damn poor estimator. And it isn't great for the client, who held back money on other projects because you said you needed more on yours. If you are consistently and noticeably above specifications, you are either spending money you didn't need, or you wrote poor specs in the first place.
The best way to be successful doing project engineering work is on time, scope and schedule. Crap does happen and there needs to be contingencies, but those should be identified separately from the base budget. If contingencies are not openly described, they will get duplicated by multiple parties in the project, trying to cover their behind.