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A bachelor’s degree for $10,000? Imagine the impact. (Perry's ideas nicely percolating)
Washington Post ^ | September 10, 2011 | Michelle Singletary

Posted on 09/11/2011 3:00:07 AM PDT by Cincinatus' Wife

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To: Cincinatus' Wife

Where did you study economics.


41 posted on 09/11/2011 5:04:44 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Cincinatus' Wife
With the Teacher's Unions what they are today, the cost-per-student ANNUALLY for a High School Diploma is approaching $10,000. I doubt that State-Funded Colleges/Universities can get to that level as their "faculty" has un-limited raises/benefits/retirements on the Public Payroll (as in ALL government jobs today).

So long as the "Gubmint" is doling out taxdollars-for-votes, you will see overpaid/under-producing public employees.

42 posted on 09/11/2011 5:04:44 AM PDT by traditional1 ("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: PapaBear3625
Andrew Ferguson ......>>>>The reforms attacked the establishment from multiple angles. They would require schools to expand their websites to make vast amounts of new information available to students. For the first time, professors would be required to post course syllabi online. To suss out slackers among the faculty, schools would post every teacher’s salary and benefits along with the average number of students and course hours they taught every year. A summary of student evaluations would be posted too, and the average number of As and Bs professors handed out, to guard against grade inflation. Before choosing a particular school or enrolling in a major, students would be given a list of the specific skills or knowledge that they could expect to learn, as well as the average starting salaries of students who had graduated from a similar course of study.

Perry also suggested separating teaching budgets from research budgets, as a way of encouraging teachers to teach and researchers to do research. Tenure would be granted only to teachers who spent a large majority of their time teaching; a defined percentage of tenure jobs would go to researchers, who would concentrate on pure research. A system of cash awards and other incentives would compensate professors who successfully taught a large number of students.

Any businessman in a profit-seeking enterprise would see ideas like “pay for performance” as unremarkable, but they overwhelm the delicate sensibilities of people who have spent their professional lives on campus, where the word “nonprofit” is meant to act as a firewall against the unpleasantness of commercial life. “Texas Governor Treats Colleges Like Businesses,” headlined the Chronicle of Higher Education​—​a sentence sure to induce aneurysms in faculty lounges from El Paso to Galveston. The outrage was deafening, especially when university regents began acting on the recommendations. The Texas A&M system, for example, which includes a dozen schools, posted a spreadsheet on its website evaluating teacher performance on a cost-benefit basis.<<<....

43 posted on 09/11/2011 5:08:13 AM PDT by Cincinatus' Wife
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To: traditional1

Basically a money laundering mechanism for Democrat votes.


44 posted on 09/11/2011 5:09:47 AM PDT by Cincinatus' Wife
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To: org.whodat
Where did you study economics.

GOT-TO-LOVE-IT!

Ha!

You want to see my papers?

45 posted on 09/11/2011 5:11:09 AM PDT by Cincinatus' Wife
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To: wastoute; Cincinatus' Wife
We already have Khan Academy on the Internet. The one thing lacking with Khan are a private system of credentialing exams, so that the student can **prove** to others that he has mastered the material.

Charles Murray is right! What is needed are high quality, certifiable, and reliable credentialing exams.

On the college level, little work that is done in the U.S. specifically needs a B.S. degree. Employers demand it because it is one way to avoid the “racist” charge and to determine if the applicant has the literacy, numeracy, IQ, personal discipline, and focus to do the job. Credentialing exams might help break this high education log jam of degrees.

Why not start credentialing exams in first grade? If the child **proves** with a credentialing exam that he has mastered a specific subject, he would immediately move on ( using Khan or other system) to the next level.

Imagine how many **years** sooner many children could be finishing high school and moving on to college level work. For the young person to have and extra 2 to 6 years in his career adds up to a quarter of a million to perhaps a million or ** more** for that young person over a lifetime.

We could start immediately. Any child of any age who passes the GED or similar exam should be awarded a standard high school diploma from their local government indoctrination camp ( oops! “school”). They would then be free to move onto college courses or to other post high school career training.

By the way...All government teachers should be required to take the GED. If they fail ( most would fail the math section) they should be fired. And...All government teachers should take Calculus I right along with the engineers, math, and science majors. Do most need Calculus I? No, they don't, but it would assure that they have a high enough IQ to merit sitting in front of a class of prisoners ( Oops! “students”).

46 posted on 09/11/2011 5:15:54 AM PDT by wintertime (I am a Constitutional Restorationist!!! Yes!)
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To: Cincinatus' Wife
Cincinatus' Wife wrote: "Basically a money laundering mechanism for Democrat votes."

The word "Union" should be in the Dictionary today as the word defined by your statement.

47 posted on 09/11/2011 5:16:04 AM PDT by traditional1 ("Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: Cowboy Bob

“When I went to University (1976-1980), tuition was $2,500 per year. Starting salaries for BAs were about $13,000-$15,000. For those with an engineering degree, the salaries were about $15,000-$18,000. (130%-180% of four years of study)
Today, tuition is about $30,000-$40,000 per year. Starting salaries aren’t that much higher than a single year’s tuition
Either education is over-priced today, or companies are not paying enough... :0) “

The old guideline, was that the entire amount you pay for a college degree should be less than one years salary of your first job immediately out of college.

This old rule applied to me and mine decades ago, and I think this old rule still is a good one.


48 posted on 09/11/2011 5:16:18 AM PDT by CGalen
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To: Cincinatus' Wife

BS degree for $10K? Yeah, right. The only way to do this is to make everything online and outsource the professorships to China or India. So pay American professors to record the lectures, but have the professors (who actually interact with students online) be from India, China, or the Phillipines.


49 posted on 09/11/2011 5:16:38 AM PDT by rbg81
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To: Diogenesis
What does the head football coach make at a Texas university ?, Will Texas reduce their salary also. I think not, and those overpaid people are the main driver for joe blow professor demanding more money.
50 posted on 09/11/2011 5:17:01 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: CGalen

Don’t they teach “costs-benefits analysis” anymore?


51 posted on 09/11/2011 5:18:00 AM PDT by CGalen
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To: Cincinatus' Wife
And from the Washington Post!

It should be noted that the slap at the community colleges came from some professor complaining about Perry's plan and not from Perry.

52 posted on 09/11/2011 5:18:03 AM PDT by Tribune7 (If you demand perfection you will wind up with leftist Democrats)
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To: Tribune7

Yes. The entire article is like a hot, running Texas wild fire burning through Big Education!


53 posted on 09/11/2011 5:20:37 AM PDT by Cincinatus' Wife
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To: wolfman23601

I’d be curious what’s going on in the private university world. Private universities tend to be pricey partly because they have the fame and they can command those premiums, and partly because tuition is so heavily subsidized. Would any private university want to become a Frugal U.?


54 posted on 09/11/2011 5:21:49 AM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: Cincinatus' Wife

That is no answer, did you, are did you not study any economics, simple question, no papers needed.


55 posted on 09/11/2011 5:22:57 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: org.whodat

No. I am not properly “credentialed” in economics.

BTW — did you take the time to READ the entire article at the link?

Hmmmmmm?


56 posted on 09/11/2011 5:24:09 AM PDT by Cincinatus' Wife
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To: rbg81

Maybe out sourcing to china was Perry’s goal, he has a lot of crony ties to china. Oh, well a degree will get you your daily bowl of rice in the third world.


57 posted on 09/11/2011 5:25:14 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: 9YearLurker

Think of what all the student loans and Pell Grants have contributed to inflation in the college tuition sector. The cost of education has probably grown 10-fold in the past 40 years while everything else has seen inflation rates of ~4% at the worst. When I think of my school, I know that the bureaucracy has grown probably 20-fold in that time.


58 posted on 09/11/2011 5:30:18 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: Cincinatus' Wife

You’re right. I keep hearing that there are many jobs out there that there aren’t properly skilled workers for. We need to taylor the school system to what is actuall needed and reinstitute apprenticeships.


59 posted on 09/11/2011 5:33:37 AM PDT by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: wolfman23601

To your point: If the government got out of the pell grant business and the student loan business and colleges were required to compete for the student’s tuition, costs would come down. There are many innovative ways to lower costs: E books, E classes, reduced wages for professors, allowing industry to utilize research facilities and students, etc.


60 posted on 09/11/2011 5:37:37 AM PDT by BillGunn (Bill Gunn for Congress district one rep. Massachusetts)
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