nt operator. Shortly thereafter i met a person who operated a bull dozer. He worked from late spring to early fall and then spent the winter in Florida.
Basically, if your aim for an education is to make money, there are far more lucrative routes than through a college education. On the other hand, if you have other goals such as becoming involved in the life of the community, serving as an employee or on many influential committees, then more than vocational talents may be extremely useful.
Look at the history of the universities in the united states and you will find that they were founded for more than providing skills for gainful employment. And it was not anticipated that every individual would get a post secondary education. In fact the debates on the structure of the United States between Madison and Jefferson was in part over who should make decisions, everyone or certain folks who had the resources and time to become educated and to "worry" about the country's future. The compromise was a "republic" rather than a pure democracy. Even Greece excluded certain individuals from their "democracy".
In many ways, the pursuit of an education has become a variance on the cargo cults which arose during WWII in the Pacific. People see graduates from universities go to Wall Street, etc and therefore expect that following that path will also lead to a "silk stocking" law firm or an investment bank. The market has pointed out that college grads earn more on the average. Note the term "average".
A one dimensional argument about the "value" of a college degree", implying monetary measures not only misses the point of a college degree but perpetuates and amplifies that singular measure…
Added by tom abeles at 7:15am on September 4, 2010
y promoting the eSingularity Initiative (google eSingularity, Trout, India). I have e30 group on LinkedIn, the eRevolution -- a new "fashion" for Education on Facebook. I have just started TEDxFutureEd and I'm working with folks all over over come up with the answer for global learning. Well, during our discussion about a myriad of things education, we hit on something that was a zinger, and in many respects it's the billion dollar question " How does HE turn their OER into revenue?" I suddenly realized that OER isn't the artery gusher as I thought, but instead a huge opportunity! An opportunity not just for a university, but potentially a lasting residual income for the ones that are making it!
Tell me what you think....
If we could measure the outcomes of the person taking the course ware why would we not want to give them partial accreditation? think about it... when I take a course at MIT what is it that I getting accreditation from? Is it the fact that I'm physically at MIT? No, we have distant learning programs at MIT. Is it because I attended class? Of course not. The true value is whether or not I have learned the material at a level satisfactory to the professor over the course. So if we can prove that a MIT OCW student has mastered the Open Ed material and do it in such a way that the process could be scalable, then we might be on to something... no? How much accreditation would they get? I'm thinking 1/3. So a three credit course at MIT would be 1 credit via MIT OCW. So how does MIT make money? We could offer three kinds of membership.
basic FREE -- no accreditation but access to the learning engine
member $9.95/m per course-- email access to professor and get special periodic pod casts (obviously the emails would go to a clearing house and passed on to his grad students... like how tech support works. )
premium $29.95/m for any No. of courses -- get email and can attend special online lectures that will be live fed from a professors class.
I imagine the professor would get a percentage. I see it already Jim drinking cocktails in Maui as he answers emails and does pod casts...:p -- A retirement in bliss where teaching is just that and free from the hassles of allocating grades!
Keep in mind that less than 5% of the world has broadband access. And this will significantly change over the next 10 yrs. Ask yourself... If we offered credit could OCW attract students form other universities? And how many would sign up? 10,000, 20,000 100,000? How many of the current OCW members would be willing to pay? I think it would be very cool to be attending University in India and also be getting MIT credit! Hell, schools may even start requiring that their students sign up!
Do you think there are 20 universities or community colleges in the US that would be willing to give this a go? Here the deal! It will cost you absolutely NOTHING to set up... If you are interested in talking more about his the proven technology behind it. Shoot me an email!