Traditional nonprofit colleges are reportedly making millions of profit dollars — secretly and at the expense of struggling students.
But if the schools are “nonprofit”, how can that be the case?
According to Professor Vance H. Fried, author of “Better/Cheaper College: An Entrepreneur’s Guide to Rescuing the Undergraduate Education Industry“, nonprofit colleges and universities have been taking advantage of undergraduate students and the federal government for years by redirecting profit dollars from undergraduate tuition.
He reports that nonprofit higher education administrators forcibly raise tuition costs to an unacceptable level, while funneling millions of dollars away from undergraduate education into research, graduate education, majors with low demand, excess compensation and other areas.
By channeling profits from undergraduate tuition into other departments, these colleges and universities are able to maintain their nonprofit status, avoid reporting profits, and continue to qualify for a lion’s share of federal student loan monies.
At the same time, these primarily ‘brick-and-mortar’ traditional schools distract attention away from themselves by manipulating media attention toward for-profit online colleges.
Professor Fried, a researcher who teaches entrepreneurship classes in the Spears School of Business at Oklahoma State University, is qualified to lend his voice to these matters. He is well-educated, his credentials include a law degree, and he is a veteran of academia. Plus, he has a passion for helping bring an end to astronomical tuition costs.
Professor Fried has experienced several successful careers — including investment banker, attorney, and oil company executive. He is also heavily published in a number of higher education and business journals.
As students buckle under the burden of high student loan debt to pay outrageous tuition and housing costs, they do not realize that they may be funding higher education sectors that do not directly benefit them — at least this is what Professor Fried maintains.
He asserts that the federal government should encourage competition between non-profit and for-profit schools to force them to compete for students’ dollars with cheap tuition, just as businesses must compete for customers by providing better products at more reasonable costs.
Professor Fried believes that between $50 and $60 billion could be saved each year through federal student loan reform measures that would also equalize opportunities for all students to earn a college education without excessive debt.
Hopefully, greater transparency and accountability will be forthcoming from all colleges, not just the small percentage of for-profit online schools that have been targeted.
And as a result, perhaps future students will inherit greater education benefits and fewer financial burdens as they seek to earn the hallowed college degree.
profit, raise tuition, billions of dollars, students loans, entrepreneur, law degree, business, college, for profit, cheap tuition
Popularity: 8% [?]
As excited college students prepare to move into campus dorms, they look forward to meeting new roommates, fitting all their belongings into half of a dorm room and registering for classes.
They are not concerned about catching the flu.
That job belongs to health officials at the Centers for Disease Control who are, indeed, concerned.
Even as students and parents prepare to lug heavy boxes into dorm rooms all over the nation, the Centers for Disease Control epidemiologists are working feverishly to head off the potentially serious consequences of a fast-moving, unpredictable — yet still mild — flu virus.
The H1N1 virus, known as the swine flu, has already struck 43,771 Americans in confirmed cases (as of 7-24-09) and continues to move rapidly throughout the population during this unusual summer season. Normally, the summer is not a part of flu season.
Some CDC officials estimate the numbers of flu cases to be closer to a million; since most people who contract the current strain of H1N1 are not tested for it and are able to recover without serious complications.
But the scenario may change in the fall, when school children and college students cluster again together in close quarters.
Although there are only 302 confirmed deaths in the U.S. from the H1N1 virus (as of 7-24-09), the strain is poised to mutate into a more dangerous flu virus that could cause tens of thousands of deaths if not averted.
However, there are preventative steps that may limit serious repercussions of the swine flu:
Flu season came early this year, with a head start on the students who will soon begin their college or university studies.
But those who opt for online education may find solace in the opportunity to study in the comfort and safety of their flu-free homes.
antiviral drugs, antiviral drugs, cdc, college, epidemiologist, flu season, h1n1 virus, online degree programs, online schools, students, summer season, swine flu
Popularity: 11% [?]
As major newspapers fall out of business, signs of change are also evident in higher learning.
The signs reveal a neon pathway that is clearly visible to innovators and trendsetters, but surprisingly invisible to business-as-usual types.
These education trend indicators inspire tough sermons delivered by education forecasters — warning that traditional colleges and universities are slowly losing ground. And unless higher education administrators embrace rapidly changing technology that daily informs, connects and influences today’s children, these future college students will shun on-campus schools and stampede toward high-tech online schools.
Newspapers were warned in much the same way, soon after the public began receiving its breaking news on the Internet, rather than in paper form — and often hours before it hit the printing presses. But only now are the major newspapers tumbling out of circulation — after years of warnings. So perhaps traditional schools have sufficient time to act.
Administrative visionaries must integrate online classes and online degree programs into their education foundations, or risk going the way of the dinosaurs — into extinction.
In past blog articles, we stressed this message in:
And now, the Chronicle of Higher Education also warns traditional colleges and universities that they may be in trouble.
An article by Kevin Carey, “What Colleges Should Learn From Newspapers’ Decline” (April, 3, 2009), chronicles the chain of events that could determine the fate of many public, and some private, honorable institutions of higher learning.
Hopefully, colleges and universities will heed the warnings, rather than ignore them like the newspapers did.
Our local newspaper lost weight over the past couple of years, shedding reporters, departments and pages. Now it hits the driveway — or the ditch — as a mere shadow of its former self. Soon, it will reach its unplanned resting place of intangibility on the web, a fleeting flicker of information traveling unceremoniously along telecommunication pathways.
And just as a newspaper era will soon be gone, so might ‘Taps’ be chosen among the repertoire for a slew of hallowed halls of education — unless the powers that be finally set their antennae on the neon path to a brighter, higher education future.
online school, online degree programs, online classes, obsessed, higher learning, college, sign, innovator, trends, pathway, business as usual, high tech, news, change, future, students
Popularity: 6% [?]
Okay, so leaning over and gently whispering the words “online education” into your sweetheart’s ear may not stoke the fires of love; but there are other ways that distance learning can help heat up the romance.
Obviously, regular communication that is clear and honest helps to determine the quality of a relationship. And love, respect and appreciation for the other party breeds contentment and longevity.
This is an arena where e-learning may be able to contribute in the following ways:
Also, by remaining continually supportive and never complaining about your loved one’s efforts to take online classes, you allow the student to see your unselfish, generous-of-heart attitude, which creates a firmer foundation of longevity for the relationship.
Online schools and online degree programs are designed to enhance the lives of adult learners. And like candy and flowers, they also encourage love and romance to bloom.
For more on love, romance and school, read “Show Your Love On Valentine’s Day Without Spending a Dime”
online schools, elearning, online education, valentines day, family, online degrees, adult learners, love, distance learning, computer, Internet, online classes, school, student, travel,plan
Popularity: 8% [?]
An online law school graduate recently made the news when he sued the Massachusetts Board of Bar Examiners and won the right to take the state bar exam.
Like a sonic boom, it has rocked the legal education community.
Ross Mitchell, an online school graduate of Concord Law School, passed the California bar exam in 2004. But since Concord is not approved by the American Bar Association (ABA), Mitchell was not eligible to practice law outside of California and could not sit for the bar exam in other states.
However, the Massachusetts Supreme Court ruled in Mitchell’s favor and made an exception after reviewing his excellent academic record.
The decision comes at a time that the American Bar Association is preparing to perform a comprehensive review, which will include an thorough assessment of online law schools. Mitchell’s success in this case may open up the opportunity for other exemplary e-learning law school grads to challenge the ABA requirements for taking state bar exams.
Concord Law School, Mitchell’s alma mater, is a fully online law school. It is recognized by the California Bar Association; so graduates may sit for the California bar exam and, if they pass, practice law in California. However, the ABA does not recognize any law degree that is completely earned by distance learning.
And although Concord Law School is accredited by the North Central Association of Colleges and Schools, the Accrediting Commission of the Distance Education and Training Council, and the Council for Higher Education Accreditation, it is not approved by the ABA because it is an online law degree.
Some states outside of California allow Concord Law School graduates to sit for the bar exam if the candidate has passed the California bar exam and has worked as a lawyer for five years. But other states, like Minnesota, do not allow graduates to sit for the bar exam.
The Massachusetts Supreme Court made a step in the right direction to insure fairness for graduates of reputable online schools like Concord Law School.
Maybe the ABA will follow suit.
online school, online schools, online law school, distance learning, Concord Law School, bar exam, ABA, Massachusetts, American Bar Association, e-learning, lawyer, Minnesota, sonic boom
Popularity: 14% [?]
Just two weeks before Election Day, as battleground polls (like Gallup) keep us abreast of each candidate’s standing, e-learning continues its meteoric rise in colleges and universities across the nation.
And as Barack Obama and John McCain duke it out in the trenches, the education world continues to rotate on its technology-driven axis, raining down a outpouring of interest and involvement in online schools and online degree programs.
Yet the primary bumper crop in this higher education harvest is the proliferation of young e-learners who have remained true to their high-tech upbringing and have chosen to study online, rather than in the traditional classrooms of their parents and grandparents.
At last count, over 3.5 million students have taken at least one online class, according to statistics gathered by the Sloan Consortium in fall 2006. This was a 10% increase over the previous year. Forecasters anticipate that number to be much higher today.
Since the Sloan distance-learning report, which chronicled information from 2,500 colleges and universities, education publications have been abuzz with information listing the addition of numerous online degrees and online classes in schools across the nation.
The astounding and increasing success of e-learning has encouraged and enabled adult learners to return to school, even while they continue to work full-time jobs and spend quality time with loved ones.
A few reasons for the historic rise in e-learning popularity include:
Although battleground election polls will soon end with a victor gaining the lions share of electoral votes, e-learning is destined to continue its record growth year after year.
And its champions are the men and women, young and old, who have chosen to diligently pursue a course of study that enhances their own lives and encourages others to follow their example.
battleground poll, Election Day, distance learning, e-learning, McCain, Obama, online degree programs, online schools, online degrees, Directory of Schools, Gallup, colleges and universities, election polls, electoral votes
Popularity: 6% [?]
How do you return to school if there is no money in the budget and no time to meet homework deadlines?
Thankfully, there is a solution for wannabe students who are not prepared to pay tuition bills, or who are hesitant about committing their time to an online degree program.
They can try out one of the free online classes from top colleges and universities across the country.
In fact, following the lead of several Ivy League schools, Stanford University now offers 10 free online classes through its School of Engineering.
The free program, known as Stanford Engineering Everywhere (SEE), is available to anyone with a computer and an Internet connection. It is the first time that Stanford has made these classes available tuition-free; and it is a wonderful opportunity for students and faculty all over the world.
Among the 10 classes included are: a 3-course Introduction to Computer Science, 3 courses in Artificial Intelligence and 4 courses in Linear Systems and Optimization. Each class includes lectures, handouts, homework assignments and a syllabus. However there is no interaction with the instructor or with classmates.
In accredited online schools and online degree programs, instructors are readily available to assist students by e-mail, by phone and even during interactive online lectures. Classmates often assist each other by responding to message boards and e-mails. This is one of the most important differences between free courses and those for which tuition is paid. Also, there is no course credit received for these free classes; although the content is identical to the courses taken by Stanford students.
Still, the free courses are a great way to access valuable information taught by highly-qualified faculty. They also introduce novice e-learners and others to distance-learning technology and the future of education.
Stanford is only one of the schools offering free courses to the public. And in schools like MIT, Harvard and Yale, free courses are spread out across several disciplines — including English, history, science, management, psychology, astronomy, computer science, philosophy, physics, political science, religion, health, architecture and more.
Anyone who desires to further their education without spending any money may do so by taking advantage of these free classes. And once they have tasted the stimulation of newly-acquired knowledge, perhaps the next short step will be to enroll in an accredited online degree or professional certificate program.
Those with a dream in their heart to return to college should not hesitate to reach out and grab this free gift!
online degree program, online degree, colleges and universities, Stanford, online schools, distance learning, MIT, e-learning, professional certificate, free courses, tuition-free, no money
Popularity: 10% [?]
As millions of college students prepare for the fall semester by enrolling in one or more online classes, it also happens that a significant number of newbies will be testing the e-learning waters.
Prompted by high gas prices, or impressed by the flexibility and convenience of online schools, many e-learning students are charting unfamiliar, yet stimulating, territory. And in order to succeed in distance learning classes, a few hints may be helpful.
Online classes require diligence and planning similar to what is required in most traditional college classes.
These helpful hints are just a few of the ways to maximize the online school experience and enjoy all the benefits of the online education experience.
online schools, e-learning, distance learning, gas prices, university, computer, Internet, traditional college, online education
Popularity: 5% [?]
Only those who have been stranded on a desert island are unaware of the huge rise in e-learning and online schools popularity.
According to the Sloan Consortium’s most recent report, online education is growing at 9.7% annually, while overall higher education is growing at only 1.5%.
And as e-learning, or distance learning, becomes a permanent part of the educational landscape, adult learners are equipping themselves with computers, modems and Internet connections to take advantage of this comfortable, convenient form of education.
Research has shown that those who continue to challenge their brains throughout life may avoid or delay Alzheimers and other types of dementia. However, the main reason adults return to school is to upgrade skills in order to earn more money and enjoy greater professional satisfaction.
But upon re-entering the halls of education after a long break, adult learners often second-guess themselves while pondering a few questions:
However, these questions generally result in positive answers for adult learners.
Once potential students choose an accredited online degree program or online class, the fun begins. Adult learners often discover that they feel a wonderful sense of accomplishment and satisfaction in learning new information and successfully completing their program of study.
But there are a few tidbits to remember when taking e-learning classes:
E-learning has been a boon to adult learners and other students, especially with the training for some careers taking 2 years or less.
Remember, now is the time to jump into online education and swim to a goldmine of promise, potential and career success.
online schools, online education, online degree program, higher education, earn more money, e-learning, distance learning, computer learning, college_and_university, adult learners
Popularity: 6% [?]
Like ivy quietly overtaking a house until its removal becomes a major problem, the mistakes made by e-learners are not apparent until they become overwhelming and difficult to correct.
Discipline is tantamount in a distance-learning college environment; and the milestones for the online class must be met with completed homework, on-time performance of class projects and clarification of any misunderstood syllabus elements.
But the best defense is a well-executed offense; so online school students should avoid allowing these destructive mistakes into their high-tech, virtual classroom experience:
Online degree programs and online classes are a wonderful way to earn a college diploma.
But students should remember to stay on top of their online education by developing excellent time management skills and discipline. This is the best way to avoid costly mistakes and to insure a rewarding e-learning experience.
distance learning, e-learning, online schools, online students, virtual class, online education, online class, e-learning mistakes, study online, online degree program
Popularity: 6% [?]
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