Idea Bank: A New Financial Model

4/11/13
Offer classes during the summer.
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**Posted by the MIT Alumni Association on behalf of barbkanter@gmail.com.**

I think you should make it easier to graduate in 3 years by offering classes during the summer. There would be lower...

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A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences
4/10/13
Affordable MIT education
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By any plausible metric (tuition adjusted for inflation, ratio of tuition to family income, ratio of tuition to compensation for new MIT graduates), the cost of an MIT education has skyrocketed over the past generation. Yes, there is assistance for...

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A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Affordability
4/8/13
Make it all free and as efficiently delivered as possible.
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First, the idea of driving the cost of a residential education down via digital media is very compelling. Shortening the time spent in formal "college" would help many families for whom college is not a viable alternative due to financial constraints...

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A New Financial Model, Cost reduction strategies, Financial models and pricing structures, Education & Facilities, Educational experiences, Academic year, Global Implications of EdX, Global implications of edX, free education
4/7/13
Want bold students? Replace tuition with an income commitment
5
Average: 5 (4 votes)

Fixed tuition costs burden students with debt and cause them to make poor long term choices. I know too many people who have taken jobs (and eventually, careers) that they don't love because they feel the pressure of their student loan debt. These...

2 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Cost reduction strategies, Financial models and pricing structures
4/5/13
Direction for Yammer Group: Future of MIT Education
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The following message was sent to the email address listed at the bottom of this page but bounced back as no such user so I'm posting the message here.

To: mitedu-cochairs@exchange.mit.edu...

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A New Financial Model, Revenue opportunities, Financial models and pricing structures, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, Yammer Group, Future of MIT Education
4/5/13
Re-thinking College Education
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I am writing as an alum, an employee at Lincoln Laboratory, and as a parent with 5 children--all of whom hope to afford college.

The information age has been defined by technology improving the ability to communicate and understand information...

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A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, Beyond the residential campus, Disruptive Innovation outsourcing activities
4/4/13
Been There Done That
5
Average: 5 (1 vote)

Having recently completed work as co-chair of an innovation task force at my university, I'll toss out a few things that didn't make it into the task force's report:

...

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A New Financial Model, Cost reduction strategies, Financial models and pricing structures, Global Implications of EdX, Beyond the residential campus, Udacity, Coursera, Udemy
4/4/13
"CostCo University"
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I would model my proposed college, which I call “CostCo U”, after a law firm. Just as senior lawyers own the firm and delegate out various administrative responsibilities, I would have a college where faculty own the institution, and administrators...

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A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Education & Facilities, Educational experiences, Physical spaces, CostCo university
4/4/13
Is there a better way to share experts knowladge
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Through my academic and medical life I observed that the subject matter experts are not necessary the best teachers or speakers.

We have the opportunity to transform the academic experience of the students and the faculty if we give each one...

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A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Education & Facilities, Educational experiences, Physical spaces, Global Implications of EdX, Global implications of edX, Beyond the residential campus, serious games, AI, Knowledge Management System
4/4/13
Expand the Yellow Ribbon Program
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The GI Bill only covers 45% of current tuition, and currently the voluntary involvement with the Yellow Ribbon program amounts to a meager 18% of tuition for students in Sloan School of Management, and Urban Planning and Studies only. Students with...

1 Comments
A New Financial Model, Improving accessibility and affordability, military, va, gi bill, veterans, yellow ribbon