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Wednesday, January 22, 2014

Discuss the Implications of Free Higher Education vs. Privately Funded Higher Education for the Economy. Support...

Online courses will revolutionize higher(prenominal) procreation and cut the petition to near zero for approximately students everywhere the next decade. In as little as ten years a quality higher gentility couldl be largely unacquainted(p)unless, of course, zippo a good deal(prenominal) has changed. It all depends on whom you believe. But one thing is clear: The debate abtaboo financing schooling grows louder by the day. Experts with a wide range of views on the subject, including the always-interesting Harvard prof and former Treasury Secretary Lawrence Summers, weighed in last travel by at the Nantucket Project, a big-think conference in the spirit of TED and Aspen Ideas Festival. The to the highest degree provocative, though, were hedge fund billionaire Peter Thiel and the author and entrepreneur Vivek Wadhwa. Thiel has gotten a lot of attention for his view that higher education is broken, and that some a(prenominal) kids would be better off saving their money and outpouring straight from high school into a trade or developing a business. His 20 under 20 companionship grants high school graduates with a sound business get wind $100,000 if they agree to skip college and go right to work on their idea. Wadhwas views are less well kn knowledge, even though he served as a counter-point interview last may on a 60 Minutes segment featuring Thiel. Wadhwa has cheat drunk faith in the power of technology to buzz off much of what is wrong with the world, and he believes that online courses will revolutionize higher education and cut the cost to near zero for well-nigh students over the next decade. This is a powerful concept. On the uniform weekend some 1,500 miles away in Kansas City, the Council for Economic pedagogy was hosting its own conference of ideas and started by noting that student debt now exceed $1 trillion and that a third of college students drop outwith debt and without a degree. Nearly a third of the aver age 18-to-24-year-olds income goes toward de! bt repayment, much of it owing to student loans. The Council, along with other fiscal literacy advocates,...If you command to get a full essay, order it on our website: OrderCustomPaper.com

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