Posts Tagged ‘Jay Mathews’

Higher Education, Status, and Costs

February 23, 2018

This blog post is motivated by an article by Jay Mathews titled “Franchising the Ivy League: How About Yale at Yreka,” in the Metro Section of the 8 January 2018 issue of the Washington Post. It cited a study by Alan Krueger, former chairman of the White House Council of Economic Advisers, and Mathematica Policy Research expert Stacy Berg Dale that found that students accepted by selective colleges who chose not to attend these colleges had incomes just as high 20 years later as those who did attend. Only students from low-income families did better after attending selective colleges. This is strong evidence that, unless you are from a low-income family, it is foolish to bother applying to selective colleges, and that you are insane to attend a selective college if you are assuming uncomfortable levels of debt for student loans.

Moreover, the best college to attend depends upon the particular subject matter in which you are interested. If you know your topics of interest you should apply to schools whose scholars interest you. Your hope is to attend a school where you can find an appropriate scholar with whom you can take independent study and perhaps participate in her research. Succeed, and this is the best route to a graduate programs that will further your interests.

If HM remembers correctly, Robert Frost said that attending college was just a second chance to read books you should have read in high school. Robert Frost’s statement is even more true today, given all the additional sources of knowledge that are readily available. Go the the healthy memory blog titled “Mindshift Resources” to find (MOOCS) Massively Online Open Courses. Many of these courses are free. Laura Pickard has a site, nopaymba.com, who writes, “I started the No-Pay MBA website as a way of documenting my studies, keeping myself accountable, and providing a resource for other aspiring business students. The resources on this site are for anyone seeking a world-class business education using the free and low-cost tools of the internet.  I hope you find them useful!” She explains how she got an business education equivalent to an MBA for less than1/100th the cost of a traditional MBA.

Frankly, were HM an employer he would prefer to hire an autodidact who had completed this free online MBA than someone who had paid for and completed a conventional degree. He would do this on the basis of the autodidact who had the interest and the motivation to complete the course. There are many free online courses. The cost usually comes when one wants to get credit towards a degree.

So HM encourages high school students, just as he encourages everyone else, to find their passion and to develop a growth mindset to pursue that passion.

© Douglas Griffith and healthymemory.wordpress.com, 2017. Unauthorized use and/or duplication of this material without express and written permission from this blog’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Douglas Griffith and healthymemory.wordpress.com with appropriate and specific direction to the original content.