"Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young.
The greatest thing in life is to keep your mind young." - Henry Ford

Higher-Ed Bubble, End of the University As We Know It

"The universities that are in trouble are those that are stuck in the middle. We're seeing this 'hollowing out of the middle' in industry after industry."-Andy Hines, assistant professor and program coordinator at the University of Houston's Graduate Program in Foresight (source infra)

A higher-ed bubble even bigger than student loans: "There are growing concerns that the benefits of a college degree are on the decline, while costs continue to rise. This so-called bubble in U.S. higher education is focused on the mounting debt load of college students and their difficulty in finding a degree or job that economically justifies the cost. But in the next 25 years, some futurists say the bigger issue—and the one that could likely cause this bubble to burst—will be the inevitable collapse of many colleges and universities as learning goes virtual. Clayton Christensen, a professor at Harvard Business School and the father of disruptive innovation theory, famously predicted in 2008 that half of high school classes will be online by 2019. With the expansion of the digital campus, many mid-level institutions of higher education could become obsolete, and the new landscape may be largely unrecognizable. "Half of the colleges and universities that exist in the United States will cease to exist," said author and futurist Nathan Harden, echoing Christensen's famous comment. Harden predicts new technologies could eventually lead to "the end of the university as we know it." The reason for the demise? Many institutions of higher learning, including some of the nation's most prestigious universities, such as Harvard and MIT, have started to open up their classes to the world through massive open online courses (MOOCS), in many cases for free, though how EdX ultimately plans to generate revenue remains a major topic of much speculation and debate....." (read more at the link above)

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Robert Reich: College Is a Waste of Money

Robert Reich: College is a ludicrous waste of money - Salon.com: "...By contrast, Germany provides its students the alternative of a world-class technical education that’s kept the German economy at the forefront of precision manufacturing and applied technology. The skills taught are based on industry standards, and courses are designed by businesses that need the graduates. So when young Germans get their degrees, jobs are waiting for them. We shouldn’t replicate the German system in full. It usually requires students and their families to choose a technical track by age 14. “Late bloomers” can’t get back on an academic track. But we can do far better than we’re doing now. One option: Combine the last year of high school with the first year of community college into a curriculum to train technicians for the new economy...." (read more at link above)

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College Consultants

College Consultant ThinkTank Guarantees Admission for Hefty Price - Businessweek: "When Ma opened ThinkTank’s Palo Alto center in 2011, it stirred a debate among locals. Chris Zaharias, an early Netscape employee and now founder and CEO of SearchQuant, says resentments were stoked by the immigrants’ academic success and their perceived detachment from the community. It’s usually the Asian parents who ask teachers for extra credit at back-to-school nights so their kids will have a better shot at earning an A, says Zaharias, who has two kids at Palo Alto High. When a local newspaper ran an article on ThinkTank, he posted comments calling its students “cheaters” and comparing the business to steroid use in sports. “People from Hong Kong or China are buying houses here so their kids can go to our schools,” he says. “They’re creating an arms race, and ultimately you realize you shouldn’t participate because you’re not helping your kid. But it’s hard to resist.”" (read more at link above)

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Google Drive for Education, Free 21st Century Backpack for Students

Google for Education: Announcing Drive for Education: The 21st century backpack for students: "Drive for Education will be available to all Google Apps for Education customers at no charge and will include: Unlimited storage: No more worrying about how much space you have left or about which user needs more gigabytes. Drive for Education supports individual files up to 5TB in size and will be available in coming weeks. Vault: Google Apps Vault, our solution for search and discovery for compliance needs, will be coming free to all Apps for Education users by the end of the year. Enhanced Auditing: Reporting and auditing tools and an Audit API easily let you see the activity of a file, are also on the way." (read more at link above)

Google announces Drive for Education: free, unlimited storage & more security | VentureBeat | Education | by Harrison Weber"Google touts that “30 million students and educators” are currently using Google Apps for Education — out of the 190 million people using Google Drive globally. And Google clearly intends to lure in new education-centric users with today’s announcement."

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