Idea Bank: A New Financial Model

4/4/13
edX satellite campuses in major cities
4.5
Average: 4.5 (2 votes)

The edX model has a lot of promise for the future, but so far it does not completely replace an on-campus MIT education. I see at least three crucial areas where the on-campus approach still holds a major advantage:

1) Student-to-student...

3 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Cost reduction strategies, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, Beyond the residential campus, community
4/3/13
Graduate all students debt-free
4.857145
Average: 4.9 (7 votes)

MIT should commit to ensuring that its students can leave the Institvte debt-free.

The cost of higher education is skyrocketing at a rate much faster than inflation, while median incomes are stagnating. MIT's tuition and costs, which have...

1 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Cost reduction strategies, Financial models and pricing structures, cost, loan, financial aid, work-study, debt
4/3/13
not very MIT-like
4
Average: 4 (2 votes)

There's something very non-MIT-like about edX. It's not just the fact that it's online education. OpenCourseWare, with its simple interface and quirky grad classes sprinkled among the .00n favorites, felt like a grassroots movement to democratize...

1 Comments
A New Financial Model, Improving accessibility and affordability, Global Implications of EdX, Global implications of edX
4/3/13
Campaign
1
Average: 1 (1 vote)

Everyone knows that the old, single-pane windows in the main group are energy sinks, yet replacement is not cheap. I would like to propose a fund raising campaign to fix this. At Brown University, sections of the fence surrounding the campus are named...

0 Comments
A New Financial Model, Revenue opportunities, Cost reduction strategies, Education & Facilities, Physical spaces
4/3/13
real value of an MIT education is ... the contacts you make
4.666665
Average: 4.7 (3 votes)

Since graduating with an SB and an ME, I have often been asked if the MIT education was worth the cost. In my younger days, I frequently answered "no" because I saw equivalently skilled people graduating from the top of their class at local state...

1 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Physical spaces, Global Implications of EdX, Beyond the residential campus, residential options, interpersonal relationships, online
4/3/13
Share with the existing MIT Idea Bank
0
No votes yet

Either this new idea bank is superior infrastructure for this type of discussion, or the existing MIT Idea Bank at http://ideabank.mit.edu/ideas is, but either way--consolidate to share one infrastructure...

0 Comments
A New Financial Model, Cost reduction strategies, share infrastructure
4/3/13
Virtual education and training
1
Average: 1 (1 vote)

We've been working with undergrad and graduate engineering and science students at the Wright Brothers Institute to give them an opportunity to work on real-life, challenging national security problems. We are using virtual collaboration as the...

0 Comments
A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Education & Facilities, Educational experiences, Global Implications of EdX, Beyond the residential campus, virtual education and training
4/3/13
Teaching vs Lecturing: A Disruptive Force in Online Education
4.666665
Average: 4.7 (3 votes)

Remember, back in school, that professor who was an absolute genius but couldn't teach his way out of a paper bag?

And did you ever have a teacher who was truly masterful at transferring his or her knowledge to you?

There is a wide...

0 Comments
A New Financial Model, Revenue opportunities, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, Beyond the residential campus, teaching best practices, extraordinary learning experiences, competitive advantage
4/3/13
Online education to ensure student preparedness and prerequisites
5
Average: 5 (1 vote)

It is becoming increasingly well understood that students' abilities to take advantage of their education is based in large part on how well prepared they are for the school that they attend. MIT seeks to offer world class education to a diverse...

1 Comments
A New Financial Model, Improving accessibility and affordability, Cost reduction strategies, Financial models and pricing structures, Education & Facilities, Educational experiences, Global Implications of EdX, Global implications of edX, pre-requisites, preparation gap
4/3/13
in-person versus distance teaching; skills validation
2
Average: 2 (1 vote)

I taught math at the US Naval Academy for 15 years, and since have been doing large network consulting, with some major corporations as clients.

I have two points to make:

(1) We find that we do best when we are onsite in-person for 3...

0 Comments
A New Financial Model, Improving accessibility and affordability, distance learning, in-person bonding, skills validation, certification, certification of skills