What's Education Got To Do With It?

The purpose of the university is research.........................Prestige U Faculty Member

Going to class is a waste of time better spent doing problem sets, or sleeping......................Prestige U Undergrad

And Burck Smith can save you money.

Like millions of other Americans, Barbara Solvig lost her job this year. A fifty-year-old mother of three, Solvig had taken college courses at Northeastern Illinois University years ago, but never earned a degree. Ever since, she had been forced to settle for less money than coworkers with similar jobs who had bachelor’s degrees. So when she was laid off from a human resources position at a Chicago-area hospital in January, she knew the time had come to finally get her own credential. Doing that wasn’t going to be easy, because four-year degrees typically require two luxuries Solvig didn’t have: years of time out of the workforce, and a great deal of money.

Luckily for Solvig, there were new options available. She went online looking for something that fit her wallet and her time horizon, and an ad caught her eye: a company called StraighterLine was offering online courses in subjects like accounting, statistics, and math. This was hardly unusual—hundreds of institutions are online hawking degrees. But one thing about StraighterLine stood out: it offered as many courses as she wanted for a flat rate of $99 a month. “It sounds like a scam,” Solvig thought—she’d run into a lot of shady companies and hard-sell tactics on the Internet. But for $99, why not take a risk?

Solvig threw herself into the work, studying up to eighteen hours a day. And contrary to expectations, the courses turned out to be just what she was looking for. Every morning she would sit down at her kitchen table and log on to a Web site where she could access course materials, read text, watch videos, listen to podcasts, work through problem sets, and take exams. Online study groups were available where she could collaborate with other students via listserv and instant messaging. StraighterLine courses were designed and overseen by professors with PhDs, and she was assigned a course adviser who was available by e-mail. And if Solvig got stuck and needed help, real live tutors were available at any time, day or night, just a mouse click away.

Crucially for Solvig—who needed to get back into the workforce as soon as possible—StraighterLine let students move through courses as quickly or slowly as they chose. Once a course was finished, Solvig could move on to the next one, without paying more. In less than two months, she had finished four complete courses, for less than $200 total. The same courses would have cost her over $2,700 at Northeastern Illinois, $4,200 at Kaplan University, $6,300 at the University of Phoenix, and roughly the gross domestic product of a small Central American nation at an elite private university. They also would have taken two or three times as long to complete.

The information revolution has been slow to reach higher education, but it is arriving, and it's likely to be a tidal wave. Teaching undergraduate classes is a huge racket for universities. Students pay a fortune to be crammed into vast auditoriums and talked at by teachers who are often poorly paid unfaculty or grad students. The profit on this racket is used to subsidize libraries, sports teams, tenured professors and research on etruscan art, to mention just a few.

Burck Smith's radical idea was to present the essentials via internet, on demand, twenty-four seven and do it damn cheaply. Does this mean the end of higher ed as we know it? Probably, says Kevin Carey.

In recent years, Americans have grown accustomed to living amid the smoking wreckage of various once-proud industries—automakers bankrupt, brand-name Wall Street banks in ruins, newspapers dying by the dozen. It’s tempting in such circumstances to take comfort in the seeming permanency of our colleges and universities, in the notion that our world-beating higher education system will reliably produce research and knowledge workers for decades to come. But this is an illusion. Colleges are caught in the same kind of debt-fueled price spiral that just blew up the real estate market. They’re also in the information business in a time when technology is driving down the cost of selling information to record, destabilizing lows.

In combination, these two trends threaten to shake the foundation of the modern university, in much the same way that other seemingly impregnable institutions have been torn apart. In some ways, the upheaval will be a welcome one. Students will benefit enormously from radically lower prices—particularly people like Solvig who lack disposable income and need higher learning to compete in an ever-more treacherous economy. But these huge changes will also seriously threaten the ability of universities to provide all the things beyond teaching on which society depends: science, culture, the transmission of our civilization from one generation to the next

The universities have one defensive move left: denying recognition or accreditation to those who have taken his courses. Fundamentally, this is another racket. Universities have always resisted the only meaniful tests of the job they do with their students - testing the student knowledge. It's time to brush away that racket and set up an external testing system for American Universities.

Carey makes it clear that the carnage will be great. Most vulnerable will be the middle rank private and public universities. Harvard and Princeton seem guaranteed some sort of role as camps for the children of the rich, if nothing else.

So what will happen to the great American research enterprise without an infrastructure to support it? It's hard to be terribly optimistic. There is a lot more in the article - read it.