The education bubble is destroying a whole generation: Student Debt: A $1.5 Trillion Crisis Student debt forcing millennials to delay marriage, kids, home and car ownership How student debt can ruin home-buying dreams Millennials Still Living With Their Parents 14% of students do not expect to pay off debt until 50+ My life and career Read more about Student Loans – Driving Force Behind Socialism?[…]
“Four year brick and mortar college is obsolete. Four years is almost always too long.”“The rationale for a big physical plant and a residential college is just vanishing.”“What is the rationale for having a library these days?”“Why is the…professor giving a lecture to 150 kids…why isn’t it being given to millions?”“Distance education has all sorts Read more about Four Year Brick-and-Mortar College is Obsolete[…]
Peter Thiel answers a question about MOOCs (Massive Open Online Courses) and gave his thoughts about universities: “We’re at a point where universities are going to change radically. It is an extremely corrupt system…We have a trillion dollars of student debt. To first approximation, this has gone to pay for a trillion dollars worth of Read more about Peter Thiel on MOOCs[…]
In technology, you get more, but pay less over time. In education, it’s the opposite. You get the same, but pay more over time. “It’s hard to say exactly what the timing on this is, but I think some of the online alternatives are going to get more traction as these financial pressures start to Read more about Peter Thiel: The Education Bubble is Becoming Dangerous[…]
