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Business Change Management

Business Change Management

How to Capture the ROI of a College Education

On Jan 3, 2018 6:00:00 AM

/ Andrew Simon

Categories: Blue Ocean, Education, business growth strategies, Higher Education, business model innovation

In a recent Atlantic magazine, Bryan Caplan, author of The Case Against Education, writes a very caustic, albeit truthful analysis of the current state of higher education in the U.S.

In this particular article among many he has written, The World Might be Better Off Without College for Everyone, there is a litany of reasons why our approach to educating our population for society, for jobs, for productive lives, is flawed, failing and fallen.

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Why Higher Ed Needs To Do A Lot More Than Hand Out Diplomas

On Sep 7, 2016 4:39:21 PM

/ Andrew Simon

Categories: Education, Higher Education

Last month I blogged about the urgent need for colleges to prepare today’s students for high-paying jobs in the workforce. I made the following points:

  1. College is expensive enough. Let’s not put young people into debt without any way out. Graduating into a minimum wage job doesn’t cut it and makes the return on investment for a college education microscopic.
  2. Better-paying jobs that allow for lifelong skill-building is key. Investing four years and a whole lot of money is tough, particularly when the only jobs graduates can find once they get out are part-time minimum wage without benefits. As a career path, this makes no sense.
  3. Is a classical liberal arts education still viable or is workplace skill-building needed? Or do we need both?
  4. Colleges and universities as institutions must bear some level of responsibility for their graduates’ careers. It’s a two-way street. The higher education industry doesn’t stop when a student graduates. Its role can last far longer with better results.
  5. Industry, through relationships with educational institutions, must be an active part of the solution.

Now I’d like to build on these observations with some additional comments. 

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