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View Diary: Abbreviated Pundit Round-up welcomes our (fill in the blank) overlords (83 comments)

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  •  Really? (3+ / 0-)
    Recommended by:
    tobendaro, Khun David, SoCalSal

    Starbuck's is paying part of the costs, ASU is paying part, and the student pays part.

    Workers who are admitted will receive a scholarship from the college that will cover 22% of their freshman and sophomore year’s tuition. The remaining balance will have be paid out of pocket by the student or through traditional financial aid.

    Workers completing their junior and senior years will get a 44% scholarship from ASU. The rest of the cost will be taken out in student loans which Starbucks says it will pay off after students complete each semester.

    Students who leave school or Starbucks mid-semester will be responsible for paying back the loan. Starbucks says research, provided by ASU, shows that funding the semester up-front increases the drop-out rate. Tuition for ASU’s online program is about $15,000 per year.

    Read more: http://q13fox.com/...

    I don't see any other corporations doing this.

    If trees gave off WIFi signals, we would probably plant so many trees, we would save the planet. Too bad they only produce the oxygen we breathe.

    by skohayes on Sun Jun 22, 2014 at 06:07:15 AM PDT

    [ Parent ]

    •  Fifteen thousand? That's worse than the value (1+ / 0-)
      Recommended by:
      Stude Dude

      billing that law firms adopted so that they could charge high fees for work already done for previous clients.  I remember 500 dollar per semester college costs that included room and board in the sixties. Books were about 60 bucks per semester, and the used bookstores in town could cut those costs considerably.  Even with inflation, the costs might reasonably be 5000 per year, especially as the lectures are all recorded.

      Patriotism may be the last refuge of scoundrels, but religion is assuredly the first.

      by StrayCat on Sun Jun 22, 2014 at 07:55:05 AM PDT

      [ Parent ]

      •  State college costs are rising (0+ / 0-)

        because state legislatures keep slashing their funding, but even when I went to school in the 70's, tuition and books alone cost me almost $7000 per year, room and board about another $3000 at least. And that was at a state university.

        If trees gave off WIFi signals, we would probably plant so many trees, we would save the planet. Too bad they only produce the oxygen we breathe.

        by skohayes on Sun Jun 22, 2014 at 02:45:51 PM PDT

        [ Parent ]

    •  It's "online" education (0+ / 0-)

      which is to say, very shoddy education from the get go.

      And then:

      Under the program, students must first complete 21 credits at ASU — or seven courses — before they are eligible for a payout.

      For online students, ASU undergraduate tuition ranges from $480 to $543 per credit hour, regardless of residency status and without additional program fees. That means 21 credits would cost at least $10,000.

      On its website, Starbucks said it is offering automatic, upfront scholarships to cover part of tuition. It turns out this scholarship is more like a discount ASU is offering to Starbucks employees in the program, according to The Chronicle of Higher Education.

      link

      Get back to me when Starbucks offers tuition from Day 1 at * any * university - and then maybe I'll start being impressed.

      As of now, this totally stinks as being yet more education bashing in a way tat will benefit corporate America (which is the point of MOOCs).

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