Idea Bank: Improving accessibility and affordability

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
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
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
4/3/13
Deeper Industry Partnership
4.333335
Average: 4.3 (3 votes)

I attended MIT for undergrad and then again a few years later for MIT Leaders for Global Operations (LGO). LGO has a fantastic model that should be rolled out across the institute of having industry partnerships which supplement education. LGO has...

1 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Education & Facilities, Educational experiences, industry, companies, partnership
4/3/13
Entrepreneurs on campus
0
No votes yet

MIT would accept applications from entrepreneurs who wish to come to MIT to create new companies. Each entrepreneur would agree to give at least one seminar on entrepreneurship each semester. These entrepreneurs would be self funded or funded by...

0 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Education & Facilities, Educational experiences, Physical spaces, Global Implications of EdX, Global implications of edX, entrepreneurship, entrepreneur, start up, company, commercial collaboration
4/3/13
Have your cake and eat it too
3.333335
Average: 3.3 (3 votes)

Both on-campus and online learning have advantages in how people learn, cost of education, accessibility, etc. The future MIT must combine the best on-campus experience with the best virtual experience offering the right material, through the right...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Physical spaces, Global Implications of EdX, Global implications of edX, Beyond the residential campus, research, continuous improvement, framework, strategy
4/3/13
Intellectual Property Emancipation
5
Average: 5 (1 vote)

MIT policy should be changed to make all intellectual property developed by anyone at MIT the sole property of the inventor(s). The primary reason for this is that the current process slows down innovation tremendously. A secondary reason is that...

0 Comments
A New Financial Model, Improving accessibility and affordability, Revenue opportunities, Cost reduction strategies, Global Implications of EdX, Global implications of edX, Intellectual property, IP, invention, technology transfer, ownership, inventor, innovation, entrepreneurship, revenue, royalty, royalties, alumni, donation, property, policy
4/3/13
“Remote Branch Campus” Concept
0
No votes yet

A hypothetical university enrolls 100 students in its freshman class. Without fail, 10% of those students drop out during their first year. This university could accept an additional 40 students to take online courses only. These 40 students would...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Beyond the residential campus, online, branch campus
4/3/13
Certifications
1
Average: 1 (1 vote)

My sister recently took her actuarial exam. She has a math degree, but not necessarily the course work to pass the first exam. This seems like an ideal place to utilize online course work. Maybe companies/individuals could spend a few hundred bucks...

0 Comments
A New Financial Model, Improving accessibility and affordability, Education & Facilities, Educational experiences, Global Implications of EdX, Beyond the residential campus, online certifications