Canadian University Puts Tech Whiz Kids in 'Dormcubator'

jades writes "The University of Waterloo (Canada), sometimes billed as the 'MIT of the North' is establishing a residence 'incubator'. Meant to challenge 70 of their very top students in the tech and business fields, students will live together and work on 'the future of mobile communications, the web and digital media'. It's called 'VeloCity', and it launches in Fall 2008 after renovations are completed this summer."

Comments

Waterloo vs U of T

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Waterloo has always fancied itself an industry supplier of productive bodies. My brother the EE went there and benefited from their work-term model. He got lots of practical experience which helped him land a job, although he took longer to get his degree than me.

I did an ME at the U of T. (Funny that the article calls Waterloo "MIT North", because U of T profs liked to call MIT "U of T South". Which is all very embarrassing, like stop with the MIT comparisons for heck's sake.)

The problem I have with this Velocity thing is: who pays and who benefits? Seems to me a chunk of everyone's tuition will go toward it, while only some will be in a position to get in. And those who can get in will be the ones who can deal with the extra work load.

In a perfect world, it would be the more clever who could handle the added work. In reality, it is the ones who have external support, like whose parents live not far away, or who come from richer families, that can focus on the work. The poor slobs who have 2 pair of pants for 4 years and who eat leftover mac & cheese for 5 days in a row wouldn't fit in.

I have no problem with elitism, it's a central component of hereditary capitalism, our beloved system. But not when the winners are being subsidized by the losers, that just strikes me as wrong.

I'm obviously biased, but I like the U of T approach: classical. Give everyone the same education and chuck them all into the market and let life sort them out. I hate the idea of university admins having the power to pick winners.