The for-profit behemoth Corinthian Colleges is experiencing a spectacular fall. A $30 million fine by the Department of Education for falsifying placement data, numerous on-going state probes, a massive sell-off of schools and an abrupt bankruptcy filing that left some 16,000 students in the lurch.
New information released on the economic value of different college degrees just upped the ante on an already major life decision. America's college students - whether they are high school graduates or an increasing number of middle-aged adults pursuing bachelors degrees - face dramatically varying risks and returns depending on their chosen major.
How can we protect against school owners' ability to befriend, cajole, bully and buy the regulators and elected officials who are supposed to be holding them accountable for their use of taxpayer funds? That's the real puzzle.
As a graduating senior, you have earned their praise and good wishes. You should live in and enjoy the moment. Yet graduation also implies that you graduate "to" something. And this is where things can get a little murky at times.
What might the future of higher education look like? This new world of higher education will have fewer institutions serving larger numbers of students. The focus, however, will not be on the institutions themselves but what happens (or does not happen) in the classroom.
I remain an unabashed proponent of investing in one's future through education as the sine qua non to success in whatever one chooses to pursue. But I also fear the rising costs of tuition and fees will make access to education more and more difficult to average Americans.
The scenes of violence from the riots in Baltimore last week shocked and saddened the country. The police force's unfair treatment of a suspect was the catalyst for the chaos. But if we take a deeper look at the situation, we see that Baltimore is a city beset with many other problems.
For-profit colleges are bad investment for students and for our society. However, there is a reason that they exist and have created a seismic shift in higher education.
While Commencement is a time of celebration and achievement, it is also a time when we can impart a final nugget of wisdom to all of our graduates. Here is what I would like to tell them.
Last month my colleagues and I completed a pilot of what well may be the most interesting project of my life. It was the pilot of a new type of MOOC that pushes the MOOC design envelope by blending a globally transformative platform with an eco-system of deep personal, locally grounded learning communities.
While you have just completed all your coursework towards your degree, in the school of life, there is no end to learning -- it's a continuum. Stay open to novel and innovative ideas and experiences, and resolve to learn something new each day.
College. Right. That is what so many homeless youth need. I have been working with homeless youth and homeless youth providers for the past 12 years. The great joy of working in this community is the sense of hope the youth engender.
During my childhood I was aware that I was different in color from the majority of people around me, but my father and mother emphasized brainpower, not color. Color was what you were, but not using your brain was a choice.
When state revenues dip, those groups funded in areas where state officials have the most discretion often suffer more than other state-funded groups. It's expected. At the top of the list for many state officials is public higher education.
Demonstrations will continue in the days ahead, and it will be interesting to see if they are able to attract greater support. The potential remains in Hungary at this moment for a significant shift in power and opinion.
The recently much-maligned liberal arts curriculum, taken seriously, is a ticket not only to a first job after graduation, but to a leadership position in the most challenging professions.