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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: cuban leaf
Another funny one. I went to COBOL school in 1883. Since then I’ve been a programmer, a DBA, a Project Manager and a Business Analyst. My income has been in six figures since around 1996.

With 113 years of experience, I'd hope you have a huge paycheck.. ;)

101 posted on 08/30/2013 10:02:01 AM PDT by Half Vast Conspiracy (Now I am just being a punk.)
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To: napscoordinator

I have spoken to HR people who has on their resume a degree from the University if Phoenix, it goes straight into the trash can.


102 posted on 08/30/2013 10:03:02 AM PDT by dfwgator
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To: napscoordinator

You are sadly mistaken if you are equating *any* degree from Georgia Tech with easy.

GT will hold a high standard and bounce out the people that do not meet a tough standard of achievement. It is just what GT does.


103 posted on 08/30/2013 10:05:09 AM PDT by Triple (Socialism denies people the right to the fruits of their labor, and is as abhorrent as slavery)
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To: cuban leaf
An engineer friend of mine said that the only thing his engineering degree got him was in the door of the job.

In 1966, one of my more senior profs at Georgia tech told us the exact same thing.

"When (and IF) you graduate from here after four or five years, you will NOT be an engineer. You will speak the language and have the requisite Math, Physics, Chemistry and Literacy skills and you have demonstrated that you can complete a lengthy series of rigorous intellectual tasks, but you will not be an engineer. You will learn to be a engineer at your first job."

When I finished flight school with 200 hours flight time spread between two types of fixed wing aircraft and two helo types, I had my "wings". However, since I flew a two pilot aircraft, the USMC required that we have 500 hours flight time spread over many different syllabus flights before we even could be tested for qualification as "aircraft commander".

"I have a degree from "Big Name U"! I am worth a six figure salary and can successfully manage corporations, international relations, etc, etc."

Hogwash! Unfortunately, lazy hiring managers in HR figure that they can CYA if the guy's a failure by saying, "Hey, he was a Harvard man! I figured he would be worth the salary."

104 posted on 08/30/2013 10:06:52 AM PDT by BwanaNdege ("Life is short. It's even shorter if you suggest going out for pizza on your anniversary" Peter Egan)
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To: BwanaNdege

Hogwash! Unfortunately, lazy hiring managers in HR figure that they can CYA if the guy’s a failure by saying, “Hey, he was a Harvard man! I figured he would be worth the salary.”


So much of what is foundationally wrong in corporate America today is addressed in that one comment.


105 posted on 08/30/2013 10:10:12 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: SeekAndFind

This is the future of ALL higher education and it is scaring the crap out of the coddled academics.


106 posted on 08/30/2013 10:11:25 AM PDT by AdaGray (Primary Them All)
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To: cuban leaf
An engineer friend of mine said that the only thing his engineering degree got him was in the door of the job. Everything he does now has nothing to do with what he learned in college.

Comes to mind... in the past (1970-80-90s) the large 'giants' of their respective industry, IBM and NCR would opperate in this way. One needed the degree to get in the front door, then the Corp would have the 'trainees' onsite for 7-10 months to 'learn' the IBM/NCR way.

107 posted on 08/30/2013 11:25:53 AM PDT by Stand Watch Listen
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To: DPMD
The question remains, how do we get these online students to attend the mandatory sensitivity training and apology-for-being-white re-education camp outings?

;)
Online students will simply be required to take the course/seminar/test (sensitivity training/reparations/sexual abuse/gender/race studies) and submit their 'certification(s).

108 posted on 08/30/2013 11:34:28 AM PDT by Stand Watch Listen
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To: ottbmare
so?....What if they put in as much time and money in getting 2 or 3 degrees for the price and time it would take to pay for and commute to Wharton?
109 posted on 08/30/2013 11:51:10 AM PDT by wintertime
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To: GrandJediMasterYoda

Well!....You see. Down on the Animal Farm it’s Big Oil baaaad! Big Education good!

OINK!


110 posted on 08/30/2013 11:55:45 AM PDT by wintertime
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To: BwanaNdege
My husband worked for one of the world's largest chemical businesses. He and his colleagues rarely even gave an interview to a Ph.D. grad from Ivy U. or Big U. They never hired them.

The problem with Ivy U. and Big U. grads: Overweening sense of entitlement and self-worth.

111 posted on 08/30/2013 12:02:30 PM PDT by wintertime
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To: cuban leaf; BwanaNdege

>>>>Hogwash! Unfortunately, lazy hiring managers in HR figure that they can CYA if the guy’s a failure by saying, “Hey, he was a Harvard man! I figured he would be worth the salary.”

>>So much of what is foundationally wrong in corporate America today is addressed in that one comment.

I concur. A large part of the problem is that corporate HR is all about various certifications, since that makes life easy for corporate HR. For example, I’ve met plenty of PMP-certified people who really didn’t know that much about project management.


112 posted on 08/30/2013 1:28:57 PM PDT by FreedomPoster (Islam delenda est)
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To: BwanaNdege

“When (and IF) you graduate from here after four or five years, you will NOT be an engineer. You will speak the language and have the requisite Math, Physics, Chemistry and Literacy skills and you have demonstrated that you can complete a lengthy series of rigorous intellectual tasks, but you will not be an engineer. You will learn to be a engineer at your first job.”

I would add — you have demonstrated you can get to class without your Mom, you can juggle multiple conflicting deadlines, you have stuck it out, managed to pay the bills (somehow), stayed out of jail (probably), etc. In other works, you have matured, kind of like a stint in the service (used to be).

I say the learning/maturing is 50/50 importance for each.


113 posted on 09/01/2013 12:01:31 PM PDT by Scrambler Bob ( Concerning bo -- that refers to the president. If I capitalize it, I mean the dog.)
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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.

Did you ever see 2001 Space Odyssey? Remember HAL?

114 posted on 09/01/2013 12:04:56 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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