Lost Generation, wow sucks to be young today.
- Thread starter noob_trad3r
- Start date
+1 for the NASCAR reference.
+1 for the interstate highway reference.
Using a "congressional calculator", that equals plus five. I threw in a few extra for the "cost overruns."
To coin the great German phrase:
"Too soon old, too late schmart."
Thanks to Brian Roberts, I knew those tapes would pay off some day.
Ummm, that's happening already, it's called Univ. of Phoenix, WGU, or any number of "online institutions." Problem is, hiring managers don't recognize these schools as "legitimate universities."
So we have online colleges spending millions to get students to borrow billions to create a deficit in the trillions.
How's that for "new math"??
All you really have to do is look at some of these enormous endowments to get a good idea of where all those excess "reserves" go. Obviously, the largest Ivy League schools have the biggest endowments (alot of alumni donations as well). Ironically, or maybe not, but the endowments of these schools I believe took the most heat a few years back during the sub-prime meltdown. Turns out they were heavily invested in all the illiquid junk that the i-banks were offloading.
On the other hand, even some of the lesser known schools are swimming in cash, knocking down buildings just to re-build them again. It's one of the last standing bubbles, IMO.
It's an unpopular opinion around these parts, but alot of the "name" institutions function as much on their academic reputations as they do on their alumni networks. Go to any of those pedigreed prop firms and look at where they do their on campus recruiting. The same names pop up over and over again. Not to say it's fair or even efficient, but it's become the norm.
Very true. As a resident of Florida, I have seen that firsthand.
From Tightsqueeze
"Universities aren't there to teach you anything; they're businesses with the sole purpose of bringing in students for money. How is watching my professor at home different from sitting in a classroom with 250 other people? We're stuck in brick & mortar schooling when we have the capability for interactive digital learning."
Right on Tightsqueeze !
The Professor can record his/her lectures one year and play back
over the internet for the next 5 years, Algebra etc. will be the same
in 5 yers. I'm going to ask my state legislature why we are dumping
money every year for the same lectures.
The state college system can play the lectures for the other colleges
in the system. This will save millions. Anybody know a college that
teaches common sense?
BTW my brother-in-law is a college professor.
GS
"Universities aren't there to teach you anything; they're businesses with the sole purpose of bringing in students for money. How is watching my professor at home different from sitting in a classroom with 250 other people? We're stuck in brick & mortar schooling when we have the capability for interactive digital learning."
Right on Tightsqueeze !
The Professor can record his/her lectures one year and play back
over the internet for the next 5 years, Algebra etc. will be the same
in 5 yers. I'm going to ask my state legislature why we are dumping
money every year for the same lectures.
The state college system can play the lectures for the other colleges
in the system. This will save millions. Anybody know a college that
teaches common sense?
BTW my brother-in-law is a college professor.
GS
Tell me more about this guy who's fucking your sister.