Online Courses and the $100 Graduate Degree
First time accepted submitter GCA10 writes "Forbes reports on the latest project of Google Fellow Sebastian Thrun (the proponent of self-driving cars.) He's moved on to education now, believing that conventional university teaching is way too costly, inefficient and ineffective to survive for long. So he started Udacity, which aims to deliver an online version of a master's degree for $100 per student. From the article: 'Udacity’s earliest course offerings have been free, and although Thrun eventually plans to charge something, he wants his tuition schedule to be shockingly low. Getting a master’s degree might cost just $100. After teaching his own artificial intelligence class at Stanford last year—and attracting 160,000 online signups—Thrun believes online formats can be far more effective than traditional classroom lectures. “So many people can be helped right now,” Thrun declares. “I see this as a mission.”'"
Right now we have testing centers for vendor-specific certifications.
Run the classes on-line for whatever price.
Those who just want to learn can stop there.
Those who want a degree can pay to take the tests at the testing centers.
For more complex tests either offer them in central locations or have traveling test sites. These would be more expensive than the other tests, but probably a LOT cheaper than the current model.
As part of that $40k you're also getting contacts and connections. You think Prof. Thrun is going to recommend you to a colleague who might be hiring, or provide a reference for you? Because I know my master's advisor certainly will.