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% [?]
Employers are in a tough spot these days.
Every time they list a job opening, applicants flood their places of business.
And as can be expected in a high-tech world, many applicants hold accredited online degrees, which still create hiring barriers for some employers.
But these motivated graduates often had barriers of their own in earning a college degree; so they found another way — online learning.
And although this form of learning is not an easy road, they sacrificed time and money to study and learn via computer in order to strengthen job skills and earn necessary credentials.
Employers cannot deny the fortitude, perseverance and discipline that is inherent in these applicants; but a few still have difficulty with the concept of online degrees.
Yet over time, more naysayers are discovering the following about e-learning graduates:
Although some would love to discount their accomplishments, wise employers quickly learn that online degree graduates of accredited online schools are a valuable commodity.
And soon, employers find themselves whistling a new tune of admiration instead.
online degrees, online learning, working moms, jobs, employers, military students, war, english as a second language
Popularity: 8% [?]
As the heated battle over illegal immigration continues, a few states have tossed a tuition lifeline to undocumented, primarily Latino, college students.
According to today’s Los Angeles Times:
Ten states have passed laws to allow undocumented college students to pay in-state tuition, and several have expanded access to state-funded health benefits and improved enforcement of wage and hour laws.
Perhaps these states are not just being generous, but are securing and improving their own futures by taking into consideration a few facts:
So, by extending a helping hand to undocumented college students, forward-thinking leaders are making a down payment on a more prosperous future for their states.
They are investing in lower crime rates, a well-educated work force, and an overall higher standard of living for the state’s population. They are also insuring better cooperation and coexistence between the people of their state.
Some state leaders may believe they cannot afford to give undocumented college students this type of break.
But perhaps they can’t afford not to do it.
college, college students, tuition, latino, latino students, college graduates, jobs, undocumented, illegal immigrant, less crime
Popularity: 7% [?]
Visitors from all over the world love to visit the Northern California wine country — a region of beautiful vineyards, scenic countryside and spectacular coastline.
Last week, 25,000 visitors from 47 states flocked to just two wine-tasting events, according to the Press Democrat.
In addition, spectacular architectural displays, such as the Castello di Amorosa winery in Calistoga — also know as ‘The Castle’ — draw busloads of tourists to the area year round.
The emphasis on wine-tasting and production, however, also enhances the proliferation of fine dining establishments, where local wines are promoted and served alongside sommelier favorites from outside the Napa, Sonoma, and Mendocino region.
Budding chefs and restaurant entrepreneurs discover inspiration through a variety of culinary arts opportunities in Northern California, including the French Laundry Restaurant, which has an 8-week or more waiting list. It is no wonder that culinary arts schools thrive in this gastronomical environment.
One of the premier cooking schools in the area, the Culinary Institute of America in St. Helena, is adjacent to the Wine Spectator Restaurant, where diners enjoy a sweeping view of picturesque vineyards from its outdoor patio.
This beautiful setting provides an idyllic training ground for the soon-to-graduate culinary arts students next door, who work closely with the professional restaurant staff at the Wine Spectator.
However, culinary arts programs are not limited to Northern California, but are available throughout the nation. Interested students who desire a restaurant or food services career may choose from qualified culinary arts programs closer to their homes.
To make it easier for students who are far from a local culinary arts school, some colleges offer online culinary arts programs. Ashworth College, offers an online diploma in Gourmet Cooking & Catering, with a series of 20 contained lessons that can be completed at home.
After graduation, culinary arts students may consider career opportunities that take them to far away dream locations — including the tantalizing Northern California wine country.
culinary arts, ashworth college, career, catering, college, culinary arts schools, culinary institute, food services, napa, online culinary arts, online diploma, restaurant, wine country, wine tasting, winery
Popularity: 5% [?]
Do employers accept online degrees? Will they unequivocally hire individuals with an online bachelor’s, master’s or doctorate degree?
The answers to these questions heavily influence those who are considering an online degree program.
An article in The Economist today, A Triumph of Democracy: Should an MBA be open to anyone?, appears to bolster the notion that a rising number of employers favor online degrees, including online MBAs.
According to the article, the acceptance of online degrees by U.S. employers is particularly evident in India.
There, distance-learning is legislated as a valuable and acceptable means to gain additional credentials, training and higher degrees. According to Indian law, employers must accept accredited online degrees in hiring, promotions and pensions.
So what does this have to do with U.S. employers? Well, considering that U.S. companies are outsourcing jobs to India in droves, this is extremely relevant.
A growing number of U.S. businesses have eliminated departments and moved entire companies overseas in order to shift operations to countries, like India, where employers pay a fraction of what they previously paid to American workers.
Yet millions of highly skilled workers in India receive their training and college degrees online. So by shifting operations to these workers, U.S. employers are wholeheartedly accepting online degrees across the board.
In 2004, both Fox News and USA Today predicted that the outsourcing of high-tech and accounting jobs to India (and other nations) would increase significantly over the years. In fact, hundreds of thousands of U.S. tax returns are prepared in India each year through American accounting firms that may or may not divulge this fact to their clients.
Today’s article in The Economist confirms that India has “. . . a huge and diverse distance-learning market.”
Distance-learning continues to dominate higher education in India in order to meet the needs of 230 million potential students who cannot be served by traditional means. As these students graduate with online degrees, they are integrated into the mainstream of new jobs created by an increasing number of U.S. and foreign businesses.
So, is it possible that U.S. companies could so firmly embrace foreign workers who earned online degrees, yet question the validity of accredited online degrees earned by American job applicants?
It seems that this issue would cause quite a stir in the climate of the current job market, especially if employers attempt to use an accredited online degree as an excuse not to hire someone.
Hopefully, such a hypocritical stance is unacceptable to any honest, well-informed employer.
Instead, taking the few minutes to check the validity of online degrees through the U.S. Department of Education, as well as contacting the Admissions & Records departments of the schools in question, appears to be the best route to insure a win-win situation for all.
online degrees, online degree programs, online bachelors degree, online masters degree, online mba, accounting jobs, college degree, distance learning, employers, foreign workers, india, indian, jobs, outsourcing, profit, tax return, online degrees
Popularity: 8% [?]
As the celebrations of the fall of the Berlin Wall continue in Germany, we once again commemorate the members of our armed forces on Veterans Day.
Almost 50 years ago, the city of Berlin was divided by a formidable wall that remained standing for almost 30 years.
East German soldiers patrolled the east side of the wall; and American, British and French soldiers guarded the west side.
My father was a soldier stationed in Germany in the late 1960’s; so I remember the Berlin Wall.
I will never forget traveling into East Berlin as a ‘military brat’ on holiday with my family. We boarded a bus in West Berlin and arrived at Checkpoint Charlie.
There, our paperwork was checked out by U.S. soldiers; and we were given explicit instructions about what to expect on the trip — and how to conduct ourselves. Then the bus drove into East Berlin.
Just a little past the Berlin Wall, the bus stopped.
When I glanced out of the bus window, I saw a mean-looking, well-trained group of uniformed soldiers march up and surround our bus. A few quickly crawled beneath the bus for an inspection, while others walked around it and visually inspected every nook and cranny.
Then, several of them came onboard; and I was suddenly afraid.
They were not friendly fellows. They did not smile, and they certainly did not make small talk.
Instead, they took each person’s passport and stared intensely at the person, then at the passport picture, and again at the person. When it was my turn, I hoped the cold, penetrating stare would not cause me to make any observable misstep.
But I must have done okay; because the soldier moved on and eventually got off the bus with his comrades.
An East German guide boarded the bus and coolly relayed more instructions. The rest of the trip was interesting and uneventful; though we saw only what they wanted us to see — including the majestic Brandenburg Gate.
We were not allowed to talk with any East German citizens, we could not wander off alone, and our bus could not make any deviations from the scheduled tour.
We went through another thorough inspection of the bus before being allowed to cross back into West Berlin; and it was only then that I noticed the tiny crosses that lined the western side of the Berlin Wall — most with flowers, but all standing out as reminders of those who were shot and killed trying to escape into West Germany.
The Berlin Wall was erected in 1961. By the time it began to fall on November 9th, 1989, it stretched nearly 100 miles and was topped with barbed wire.
Historians should continue to remind us of this and other significant events. Without historians, naysayers would attempt to erase or sugarcoat history, in order to promote their own agendas.
Students who major in history should be proud of that choice. And if they can, they should travel to some of the places where key historical events took place.
If they enroll in online degree programs, it will be easier to travel. But online schools and online classes, though convenient, are just one way to pursue a history degree. Community colleges and traditional universities offer additional options.
The Berlin Wall is now gone, thank goodness, but we should remember those soldiers — past and present — who earned the freedoms that America, western Europe and some other countries continue to enjoy.
Soldiers of the U.S. military deserve our highest respect and gratitude, on Veterans Day and every day of our lives, for their generous actions on our behalf.
american, berlin wall, checkpoint charlie, europe, freedom, gratitude, history degree, online classes, online degree programs, online schools, soldiers, us military, veterans day
Popularity: 12% [?]
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% [?]
A brand new group of educational benefits arrive on August 1st, 2009, for military personnel who served a tour of duty after September 11th, 2001.
This financial windfall covers major expenses for post 9/11 soldiers and former soldiers who return to school to pursue a college degree or vocational certificate.
The Post 9/11 Veterans Educational Assistance Act of 2008 provides financial aid and support to active-duty military personnel and veterans who enroll in accredited online schools, traditional colleges and universities, and vocational schools.
Students will receive all or a portion of the costs for tuition, housing and books if they meet the selective eligibility criteria.
For eligible military members and veterans, the benefits will cover:
Eligibility requirements for the new education benefits apply to those applicants:
Additional criteria may apply; but students may enroll in military-approved online degrees, online vocational and certificate programs, and traditional college, university and vocational programs.
Costs incurred before August 1st, 2009, are not eligible for these particular benefits.
Benefits remain active for 15 years following the eligible military tour of duty and are payable for up to 36 months for those who meet all of the necessary criteria.
For further information, check out the Department of Veterans Affairs website.
accredited, active duty, benefits, college, education, eligible, financial aid, military, online degree programs, online degrees, online schools, post 9/11, veteran, vocational schools
Popularity: 12% [?]
Summer has arrived; and adult learners may be wondering how to take a cheap vacation without skipping a beat in online classes.
Thankfully, the travel industry is happy to oblige by offering great deals on just about everything. Still, cruising may be among the best ways to save money on a vacation while continuing with online degree studies.
For the price of gas, food, a couple of nights in a mid-range hotel and activities, e-learners and their families or friends could sail away on the vacation of a lifetime.
Just check out these facts about cruising to an online degree:
Of course, it is important to ask questions during booking about cancellation policies, passport requirements, taxes, port fees, the minimum travel age for an infant, and what is covered or not covered in cruise fees.
Still, cruising is a wonderful opportunity for online degree students to enjoy a vacation and stay on track with online school, In fact, it may be the perfect way to enhance one’s career while making loved ones happy.
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Popularity: 17% [?]
Things may get a little easier for some laid-off workers, thanks to Western Governors University.
Adults who lost their jobs within the past 12 months may be eligible for up to $7,500 per person in scholarship money to return to school and work toward an accredited online bachelor’s or master’s degree.
The WGU Economic Turnaround Scholarships are based upon financial need, academic record and other criteria; and students must hurry to apply for the scholarships before the application deadline of June 30th, 2009.
The scholarship winners will be required to enroll in a Western Governors University online degree program in one of four areas: business, information technology, education or health professions (including nursing).
Western Governors University continues to rise to the top of the class in offering high quality accredited online degrees — without charging an arm and a leg in tuition.
Bargain-hunting students should be flocking to this school in droves (just as quickly as they are racing to buy the new $99 iPhone), simply because WGU offers one of the best values available today for those seeking online bachelor’s or master’s degrees.
Founded by the governors of 19 U.S. states and supported by over 20 major corporations and foundations, this competency-based online school is a model of excellence in higher education. The heartfelt mission of Western Governors University is to not only serve the greater community of adult learners, but to also insure access to higher education for first-generation college students, minorities, low-income students and those who are geographically beyond the reach of a local college or university.
Money for school is generally available through WGU’s financial aid office, even before and after these generous scholarships have been distributed. Federal grants and students loans are usually available year round to eligible students.
The WGU scholarships should fully cover the reasonable tuition for up to two and a half terms, long enough to earn an accredited online degree and to continue on the path to a new job, new career and new hope for the future.
For more information about the WGU Economic Turnaround Scholarships, click here.
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Popularity: 10% [?]
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