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Cashing In On Degrees

With students facing massive increases in their fees, Dispatches investigates the pay, perks and privileges enjoyed by universities’ top earners.
Journalist Laurie Penny reveals the increasing commercialisation of higher education and asks what happens when universities scour the globe for students and funds.

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  1. I have seen education become nothing more than a money maker as students are left with cookie cutter classes and degrees that mean nothing in the real world. I took classes at a local college and the kept cutting and cutting the program I was persuing until I wanted to graduate when they did an audit and subtracted 35 hours and I could not graduate because now I didn’t have enough credit hours. I quit! Either I have the hours or I don’t but they blatantly played a game in their favor. So now I am working on something outside of my studies, the Greenhouse Project. For the last three months I have been working on educating people on employee ownership, building a greenhouse to grow affordable organic food for the local market. That is something we will need as oil and gasoline prices drive food prices ever higher. Employee owned business model nor organic food production on a small scale are not taught in school, I am now self-taught and I probably could run circles around the majority in the education system. I don’t need a degree. I have life to teach me.

  2. Professors should be paid as much as they are. Once I’ve heard about taking down soccer player wages, then actors, then a whole string of other people’s wages. Once thats done, I might listen to the argument to curtail the salaries of the heads of our education institutions.

  3. USA is also going down the same path as UK had by selling everything and now our edge in education/knowledge. The only reason why USA is strong but becoming weaker by the day is our dominance of advance education.  We were lucky in because we had attracted people like Einstein and others into our country, but now we are sell all our advantages to the highest bidder of our knowledge through higher education.  Its true that we should help others to help themselves, but it no smart to help them become our competitor or worst our future enemies! Look what happened to Iran, Pakistan, Lybia, Eygpe, all opec countries….

  4. Great work on exposing the inequities surrounding university education. Here in Australia, the universities rely heavily on chinese and indian students who pay large sums to obtain a degree. The system here is perfect, the universities capitalise on costs and income by low face to face ‘hands on’ hours,  online lecture streaming to the masses and $30,000 p/a (Au) international student fees.

    Accidently, an asian student I knew sent his essay to everyone. I was curious so I attempted to read it. I could barely understand what he Thee was trying to say. He passed and was there next year.

  5. Rector id est Regere id est Ruler -rules, sadly without rectitude. 
     
      I ought to leave it there-on laconic sublimity- but I have to say-moving to ridicule
     
      “How long do middle aged men expect to live?  I speak as one.  Have they large families to feed?. 
     
      Perhaps, they wish to leave a substantial estate to their offspring; and a legacy to remember.  This is a delusion!  They will be forgotten-and maybe the last fading memory of them -will be ‘ He knew how to make money’
     
     I could say the same for ‘celebrities’ and media ‘starlets’.  How many panel shows do they need to supplement their dubious ‘careers’. 
     Support your medics-/first responder/emergency workers; and all, including pilots and engineers, utility workers, and those who do necessary work!

     Aherne
      qv      
     [email protected]    
     

  6. Rank has it’s privilages.

  7. Terribly biased documentary. I can’t take it seriously because it is so one sided.  Hopefully next time some one gives this a go they can give a better view of the whole situation.

    To the other comment, a degree will lead you to opportunities to gain valuable experience, it is not one or the other. A good degree from a good university will give you key skills that other will never have the chance pick up. 
    A research degree (Msc-PhD) gives you an opportunity to do something that nobody else has done, and it gives you the potential to make ground breaking discoveries. How does that compare to your “life experience” ???

    *Agreed that shit degrees and shit university s are a waste of time though)

  8. If you want a quality education at your own pace – to be better able to actually learn the material – there are much better options than spending thousands of dollars on a piece of paper.  I’m not advertising these institutions, but everything that I’ve learned about computers, electronics, programming, graphic arts, and animation I’ve learned on my own using these resources.  I’m still studying, but I’m also already doing freelance work.

    MIT offers courses free of charge in their open course-work program. 
    http://ocw.mit.edu/index.htm/

    Virtual Training Company offers unlimited online lectures in just about anything IT and software-related for $30.00 per month.
    http://www.vtc.com/

    Noam Nisan & Shimon Schocken, authors of the book “The Elements of Computing Systems: Building a Modern Computer from First Principles”, offer a 14-week course and the book is also available as a PDF (please don’t make copies and distribute it, just read and use it).
    http://diycomputerscience.com/courses/course/the-elements-of-computing-systems
    http://www1.idc.ac.il/tecs/plan.html

    In my opinion, real experience trumps a degree any day of the week.  There is tons more information out there, so don’t be shy in your search.  Gather a portfolio, build a computer, learn a new language, gain experience doing what you like to do, and save your money.  Instead of turning out to be just another worker, an employee, a drone, you will find out how to become a creator, an employer, a “queen bee” in your own right – and that is a societal and cultural contribution that makes our world a better place.

  9. If you want a quality education at your own pace – to be better able to actually learn the material – there are much better options than spending thousands of dollars on a piece of paper.  I’m not advertising these institutions, but everything that I’ve learned about computers, electronics, programming, graphic arts, and animation I’ve learned on my own using these resources.  I’m still studying, but I’m also already doing freelance work.
    MIT offers courses free of charge in their open course-work program. http://ocw.mit.edu/index.htmVirtual Training Company offers unlimited online lectures in just about anything IT and software-related for $30.00 per month.http://www.vtc.com/

    Noam Nisan & Shimon Schocken, authors of the book “The Elements of Computing Systems: Building a Modern Computer from First Principles”, offer a 14-week course and the book is also available as a PDF (please don’t make copies and distribute it, just read and use it).
    http://diycomputerscience.com/courses/course/the-elements-of-computing-systems
    http://www1.idc.ac.il/tecs/plan.html

    In my opinion, real experience trumps a degree any day of the week.  There is tons more information out there, so don’t be shy in your search.  Gather a portfolio, build a computer, learn a new language, gain experience doing what you like to do, and save your money.  Instead of turning out to be just another worker, an employee, a drone, you will find out how to become a creator, an employer, a “queen bee” in your own right – and that is a societal and cultural contribution that makes our world a better place.