This article caught my attention, because it featured Colorado Mountain College, which I used to live near. But now, I’m intrigued by this idea of zero-based budgeting. It’s probably something whose time has come, but folks will be slow to adopt.
The first paragraph of Dean Dad’s post should be enough to seal the deal, but it’s well worth reading the whole thing.
A quick thought experiment: if you were offered your tuition back — minus any financial aid — in return for surrendering your bachelor’s degree — and any graduate degrees thereafter — would you take it? Just to make things interesting, let’s say that along with returning the credentials, you also have to surrender any intellectual strength you built in college, along with any jobs that required college (and/or higher) degrees and the money you made in them. In return, you would get the money you would have made and experience you would have gained with the jobs you could have had right out of high school.
Would you take the deal?
I definitely wouldn’t give back my college degrees for the amount of money they cost me.
Most online students are traditional on-campus students in disguise…